BRÆNDGAARD TEXTILE AGENCY ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BRÆNDGAARD TEXTILE AGENCY ApS
BRÆNDGAARD TEXTILE AGENCY ApS (CVR number: 32097480) is a company from VEJEN. The company recorded a gross profit of 668.8 kDKK in 2023. The operating profit was -898.6 kDKK, while net earnings were -624.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -36.4 %, which can be considered poor and Return on Equity (ROE) was -37 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79 %, 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. BRÆNDGAARD TEXTILE AGENCY ApS's liquidity measured by quick ratio was 4.4 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 | |||||
Gross profit | 2 436.85 | 3 661.25 | 3 929.72 | 3 357.10 | 668.84 |
EBIT | 863.20 | 1 837.69 | 1 777.01 | 1 612.38 | - 898.62 |
Net earnings | 560.74 | 1 325.84 | 1 457.51 | 1 343.49 | - 624.76 |
Shareholders equity total | 1 227.84 | 2 256.55 | 2 708.22 | 2 651.71 | 726.95 |
Balance sheet total (assets) | 2 070.90 | 3 774.38 | 4 797.32 | 3 171.21 | 919.97 |
Net debt | 157.10 | - 201.71 | - 955.45 | -95.15 | -81.35 |
Profitability | |||||
EBIT-% | |||||
ROA | 37.8 % | 62.9 % | 45.7 % | 44.2 % | -36.4 % |
ROE | 56.2 % | 76.1 % | 58.7 % | 50.1 % | -37.0 % |
ROI | 47.6 % | 89.4 % | 60.2 % | 53.8 % | -44.0 % |
Economic value added (EVA) | 650.23 | 1 375.87 | 1 300.14 | 1 228.94 | - 872.19 |
Solvency | |||||
Equity ratio | 59.3 % | 59.8 % | 56.5 % | 83.6 % | 79.0 % |
Gearing | 22.8 % | 15.4 % | 43.8 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.7 | 1.8 | 22.0 | 4.4 |
Current ratio | 2.7 | 3.6 | 2.9 | 22.0 | 4.4 |
Cash and cash equivalents | 122.92 | 548.20 | 2 141.34 | 95.15 | 81.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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