BERLIN HIGH END A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BERLIN HIGH END A/S
BERLIN HIGH END A/S (CVR number: 29195692K) is a company from FREDERIKSBERG. The company reported a net sales of 150.2 mDKK in 2023, demonstrating a growth of 5.6 % compared to the previous year. The operating profit percentage was poor at -250.3 % (EBIT: -376 mDKK), while net earnings were -342.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -7.5 %, which can be considered poor and Return on Equity (ROE) was -11.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BERLIN HIGH END A/S's liquidity measured by quick ratio was 2.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 194.52 | 130.90 | 140.84 | 142.21 | 150.22 |
Gross profit | 686.32 | 393.31 | 821.81 | - 220.25 | - 373.45 |
EBIT | 683.16 | 391.10 | 819.38 | - 222.59 | - 376.01 |
Net earnings | 538.25 | 305.39 | 665.85 | - 209.11 | - 342.53 |
Shareholders equity total | 2 359.00 | 2 627.24 | 3 263.88 | 3 279.12 | 2 901.11 |
Balance sheet total (assets) | 4 472.14 | 4 783.65 | 5 501.80 | 5 281.22 | 4 774.08 |
Net debt | 1 254.34 | 1 174.30 | |||
Profitability | |||||
EBIT-% | 351.2 % | 298.8 % | 581.8 % | -156.5 % | -250.3 % |
ROA | 16.3 % | 8.5 % | 15.9 % | -4.1 % | -7.5 % |
ROE | 23.5 % | 12.2 % | 22.6 % | -6.6 % | -11.9 % |
ROI | 16.3 % | 8.5 % | 15.9 % | -4.1 % | -7.5 % |
Economic value added (EVA) | 571.34 | 272.56 | 687.36 | - 353.16 | - 539.40 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 62.1 % | 60.8 % |
Gearing | 40.2 % | 43.8 % | |||
Relative net indebtedness % | 906.5 % | 802.3 % | |||
Liquidity | |||||
Quick ratio | 2.6 | 2.6 | |||
Current ratio | 2.6 | 2.6 | |||
Cash and cash equivalents | 62.77 | 95.94 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 5.1 | 5.5 | |||
Net working capital % | 67.4 % | 60.7 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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