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

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 2023, demonstrating a decline of -33.4 % compared to the previous year. The operating profit percentage was at 61.3 % (EBIT: 0.4 mDKK), while net earnings were 359.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was 10.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 29.1 %, 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 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
2019
2020
2021
2022
2023
Volume
Net sales1 035.41960.81960.52896.06596.45
Gross profit726.84751.88668.29562.37365.84
EBIT726.84751.88668.29562.37365.84
Net earnings498.61472.26514.04349.94359.36
Shareholders equity total1 899.072 371.342 885.383 235.323 594.68
Balance sheet total (assets)13 121.5212 434.3012 278.5412 387.9912 355.34
Net debt10 101.468 937.918 614.768 522.088 220.47
Profitability
EBIT-%70.2 %78.3 %69.6 %62.8 %61.3 %
ROA5.4 %5.9 %5.4 %4.6 %3.0 %
ROE30.2 %22.1 %19.6 %11.4 %10.5 %
ROI5.5 %6.0 %5.5 %4.6 %3.0 %
Economic value added (EVA)344.71408.80419.24186.74125.60
Solvency
Equity ratio14.5 %19.1 %23.5 %26.1 %29.1 %
Gearing557.3 %394.2 %302.5 %264.8 %229.5 %
Relative net indebtedness %1021.9 %980.3 %942.8 %982.4 %1414.2 %
Liquidity
Quick ratio0.10.10.00.00.0
Current ratio0.10.10.00.00.0
Cash and cash equivalents481.14410.57112.5445.9930.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-690.1 %-695.3 %-656.4 %-720.6 %-1075.7 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.96%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.1%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.