BIG DEVELOPMENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BIG DEVELOPMENT ApS
BIG DEVELOPMENT ApS (CVR number: 30822757K) is a company from KØBENHAVN. The company reported a net sales of 538.7 mDKK in 2021, demonstrating a growth of 669.5 % compared to the previous year. The operating profit percentage was at 13.3 % (EBIT: 71.8 mDKK), while net earnings were 25.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good but Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 68.9 %, 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. BIG DEVELOPMENT ApS's liquidity measured by quick ratio was 2.4 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 | |
---|---|---|---|
Volume | |||
Net sales | 70 005.00 | 538 668.00 | |
Gross profit | - 119.00 | 45 329.00 | 359 213.00 |
EBIT | - 119.00 | 9 056.00 | 71 751.00 |
Net earnings | - 107.00 | 2 904.00 | 25 123.00 |
Shareholders equity total | 88.00 | 599 159.00 | 627 750.00 |
Balance sheet total (assets) | 1 442.00 | 848 981.00 | 984 108.00 |
Net debt | 1 312.00 | -67 101.00 | 29 955.00 |
Profitability | |||
EBIT-% | 12.9 % | 13.3 % | |
ROA | -8.3 % | 2.2 % | 8.8 % |
ROE | -121.6 % | 1.2 % | 5.0 % |
ROI | -8.3 % | 2.6 % | 10.6 % |
Economic value added (EVA) | -88.42 | 6 426.95 | 24 513.96 |
Solvency | |||
Equity ratio | 6.1 % | 74.5 % | 68.9 % |
Gearing | 1527.3 % | 11.8 % | 19.2 % |
Relative net indebtedness % | 111.2 % | 41.1 % | |
Liquidity | |||
Quick ratio | 1.1 | 2.9 | 2.4 |
Current ratio | 1.1 | 2.3 | 1.8 |
Cash and cash equivalents | 32.00 | 137 926.00 | 90 524.00 |
Capital use efficiency | |||
Trade debtors turnover (days) | 491.9 | 124.3 | |
Net working capital % | 357.6 % | 41.7 % | |
Credit risk | |||
Credit rating | BB | AA | AAA |
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