Credit rating
Company information
About BROEN DEVELOPMENT ApS
BROEN DEVELOPMENT ApS (CVR number: 25655370) is a company from SLAGELSE. The company recorded a gross profit of 3072.7 kDKK in 2023. The operating profit was -521 kDKK, while net earnings were 498.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good but Return on Equity (ROE) was 27.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.2 %, 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. BROEN DEVELOPMENT ApS's liquidity measured by quick ratio was 6.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 466.45 | 4 467.11 | 1 347.97 | 681.85 | 3 072.72 |
EBIT | 346.87 | 1 713.34 | - 380.25 | -1 977.48 | - 521.05 |
Net earnings | 1 101.93 | 2 130.39 | 1 494.52 | -1 531.25 | 498.93 |
Shareholders equity total | 9 490.15 | 5 620.53 | 3 115.05 | 1 583.81 | 2 082.74 |
Balance sheet total (assets) | 12 999.67 | 13 872.54 | 14 280.09 | 6 944.70 | 5 600.73 |
Net debt | -2 275.65 | -9 521.30 | -9 199.33 | -2 904.86 | -2 014.56 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.4 % | 20.4 % | 13.5 % | -12.8 % | 10.3 % |
ROE | 12.0 % | 28.2 % | 34.2 % | -65.2 % | 27.2 % |
ROI | 13.7 % | 33.0 % | 37.2 % | -44.4 % | 18.2 % |
Economic value added (EVA) | 291.36 | 1 251.19 | -51.94 | -1 463.98 | - 422.47 |
Solvency | |||||
Equity ratio | 73.0 % | 40.5 % | 21.8 % | 22.8 % | 37.2 % |
Gearing | 0.7 % | 1.8 % | 7.4 % | 87.8 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 1.7 | 1.3 | 4.8 | 6.5 |
Current ratio | 2.6 | 1.7 | 1.3 | 4.8 | 6.5 |
Cash and cash equivalents | 2 345.39 | 9 620.17 | 9 428.78 | 2 904.86 | 3 843.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BB | BB | BBB |
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