Business Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 38422766
Blokhusvej 52, 9490 Pandrup

Credit rating

Company information

Official name
Business Denmark ApS
Established
2017
Company form
Private limited company
Industry

About Business Denmark ApS

Business Denmark ApS (CVR number: 38422766) is a company from JAMMERBUGT. The company recorded a gross profit of 58.8 kDKK in 2024. The operating profit was 23.4 kDKK, while net earnings were 128.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 21.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.1 %, 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. Business Denmark ApS's liquidity measured by quick ratio was 0.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit10.66145.77160.0971.4858.83
EBIT0.74117.97125.8237.2123.43
Net earnings-30.71286.93295.468.76128.17
Shareholders equity total183.53470.46651.51542.47670.64
Balance sheet total (assets)1 984.332 654.062 664.632 474.712 569.72
Net debt1 349.581 767.971 619.391 535.351 517.49
Profitability
EBIT-%
ROA-0.2 %15.4 %13.2 %1.5 %6.5 %
ROE-15.4 %87.7 %52.7 %1.5 %21.1 %
ROI-0.3 %18.8 %15.3 %1.8 %7.5 %
Economic value added (EVA)-11.5210.17-17.13-89.73-89.17
Solvency
Equity ratio9.2 %17.8 %24.5 %21.9 %26.1 %
Gearing741.3 %381.4 %256.1 %293.8 %227.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.20.30.30.2
Current ratio0.00.20.30.30.2
Cash and cash equivalents10.8726.5349.2258.666.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.53%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.1%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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