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: 29195692) is a company from FREDERIKSBERG. The company reported a net sales of 3.4 mDKK in 2023, demonstrating a growth of 14.8 % compared to the previous year. The operating profit percentage was poor at -33.8 % (EBIT: -1.2 mDKK), while net earnings were -321.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -10.5 %, which can be considered poor and Return on Equity (ROE) was -11.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BERLIN HIGH END A/S's liquidity measured by quick ratio was 61.4 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 | 2 979.00 | 3 420.00 | |||
Gross profit | 1 413.00 | 1 404.00 | |||
EBIT | - 923.00 | -1 155.00 | |||
Net earnings | - 196 978.00 | - 321 740.00 | |||
Shareholders equity total | 2 358 998.00 | 3 052 578.00 | 2 700 051.00 | ||
Balance sheet total (assets) | 3 190 537.00 | 2 874 355.00 | |||
Net debt | 114 980.00 | 158 281.00 | |||
Profitability | |||||
EBIT-% | -31.0 % | -33.8 % | |||
ROA | -6.1 % | -10.5 % | |||
ROE | -6.5 % | -11.2 % | |||
ROI | -6.1 % | -10.5 % | |||
Economic value added (EVA) | - 104 390.35 | - 118 539.65 | - 918.83 | 149 993.23 | |
Solvency | |||||
Equity ratio | 100.0 % | 95.7 % | 93.9 % | ||
Gearing | 4.4 % | 6.4 % | |||
Relative net indebtedness % | 3994.1 % | 4654.7 % | |||
Liquidity | |||||
Quick ratio | 9.7 | 61.4 | |||
Current ratio | 9.7 | 61.4 | |||
Cash and cash equivalents | 18 974.00 | 15 114.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 798.4 % | 1268.9 % | |||
Credit risk | |||||
Credit rating | B | A | A |
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