B. Bangs Gade 2 ApS — Credit Rating and Financial Key Figures

CVR number: 29448760
Odeons Kvarter 10, 5000 Odense C
nova-adm@live.dk
tel: 28191536
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Company information

Official name
B. Bangs Gade 2 ApS
Established
2006
Company form
Private limited company
Industry

About B. Bangs Gade 2 ApS

B. Bangs Gade 2 ApS (CVR number: 29448760) is a company from ODENSE. The company reported a net sales of 0.6 mDKK in 2024, demonstrating a decline of -1.1 % compared to the previous year. The operating profit percentage was at 65.6 % (EBIT: 0.4 mDKK), while net earnings were 332.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was 8.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 31.5 %, 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. B. Bangs Gade 2 ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales960.81960.52896.06596.45590.10
Gross profit751.88668.29562.37365.84386.95
EBIT751.88668.29562.37365.84386.95
Net earnings472.26514.04349.94359.36332.07
Shareholders equity total2 371.342 885.383 235.323 594.683 926.75
Balance sheet total (assets)12 434.3012 278.5412 387.9912 355.3412 470.71
Net debt8 937.918 614.768 522.088 220.477 885.07
Profitability
EBIT-%78.3 %69.6 %62.8 %61.3 %65.6 %
ROA5.9 %5.4 %4.6 %3.0 %3.1 %
ROE22.1 %19.6 %11.4 %10.5 %8.8 %
ROI6.0 %5.5 %4.6 %3.0 %3.1 %
Economic value added (EVA)-28.4142.29- 144.38- 216.75- 182.13
Solvency
Equity ratio19.1 %23.5 %26.1 %29.1 %31.5 %
Gearing394.2 %302.5 %264.8 %229.5 %204.8 %
Relative net indebtedness %980.3 %942.8 %982.4 %1414.2 %1372.6 %
Liquidity
Quick ratio0.10.00.00.00.1
Current ratio0.10.00.00.00.1
Cash and cash equivalents410.57112.5445.9930.89158.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-695.3 %-656.4 %-720.6 %-1067.0 %-1015.0 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.12%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.5%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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