BUTIKSKÆDEN NÆRKØB A/S — Credit Rating and Financial Key Figures

CVR number: 13878544
Bugattivej 18, 7100 Vejle

Credit rating

Company information

Official name
BUTIKSKÆDEN NÆRKØB A/S
Personnel
13 persons
Established
1990
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About BUTIKSKÆDEN NÆRKØB A/S

BUTIKSKÆDEN NÆRKØB A/S (CVR number: 13878544) is a company from VEJLE. The company reported a net sales of 6.6 mDKK in 2023, demonstrating a growth of 4.3 % compared to the previous year. The operating profit percentage was poor at -1.3 % (EBIT: -0.1 mDKK), while net earnings were 50 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 29.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. BUTIKSKÆDEN NÆRKØB A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales5 129.655 177.385 625.456 360.206 631.74
Gross profit3 432.813 610.503 856.744 622.754 898.48
EBIT88.9987.21103.3376.44-84.11
Net earnings50.5750.5350.2950.0050.02
Shareholders equity total3 579.663 830.193 880.483 930.484 180.50
Balance sheet total (assets)8 703.2110 668.7311 567.2511 515.2214 329.73
Net debt-4 863.67-6 207.66-7 996.77-6 904.65-8 201.54
Profitability
EBIT-%1.7 %1.7 %1.8 %1.2 %-1.3 %
ROA1.1 %0.9 %0.9 %0.8 %0.4 %
ROE1.4 %1.4 %1.3 %1.3 %1.2 %
ROI2.5 %2.4 %2.7 %2.3 %1.2 %
Economic value added (EVA)161.09151.74222.80283.2865.34
Solvency
Equity ratio41.1 %35.9 %33.5 %34.1 %29.2 %
Gearing
Relative net indebtedness %5.1 %12.2 %-5.5 %10.7 %29.4 %
Liquidity
Quick ratio1.51.31.31.21.2
Current ratio1.51.31.31.21.2
Cash and cash equivalents4 863.676 207.667 996.776 904.658 201.54
Capital use efficiency
Trade debtors turnover (days)9.76.97.312.421.2
Net working capital %49.6 %45.1 %37.9 %25.4 %32.6 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.39%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.2%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chief executive officer
Chairman of the board

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