BRØNS HANDELS- OG FINANCIERINGSSELSKAB ApS — Credit Rating and Financial Key Figures

CVR number: 57242019
Industrivej 36, 6760 Ribe

Company information

Official name
BRØNS HANDELS- OG FINANCIERINGSSELSKAB ApS
Established
1984
Company form
Private limited company
Industry

About BRØNS HANDELS- OG FINANCIERINGSSELSKAB ApS

BRØNS HANDELS- OG FINANCIERINGSSELSKAB ApS (CVR number: 57242019) is a company from ESBJERG. The company reported a net sales of 1.5 mDKK in 2023, demonstrating a growth of 3.5 % compared to the previous year. The operating profit percentage was at 76.7 % (EBIT: 1.2 mDKK), while net earnings were 1175.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good and Return on Equity (ROE) was 9.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 62.5 %, 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. BRØNS HANDELS- OG FINANCIERINGSSELSKAB ApS's liquidity measured by quick ratio was 13.9 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 391.911 412.791 433.981 484.171 536.12
Gross profit1 348.471 368.641 386.931 436.721 490.29
EBIT1 036.751 056.921 075.211 125.001 178.56
Net earnings823.25888.80934.391 087.871 175.80
Shareholders equity total8 840.889 729.6710 664.0611 751.9312 927.73
Balance sheet total (assets)17 511.7118 171.7818 782.7619 687.4420 668.31
Net debt7 100.796 810.216 399.856 125.495 813.37
Profitability
EBIT-%74.5 %74.8 %75.0 %75.8 %76.7 %
ROA6.7 %6.7 %6.7 %8.1 %8.9 %
ROE9.8 %9.6 %9.2 %9.7 %9.5 %
ROI6.9 %6.9 %6.9 %8.3 %9.2 %
Economic value added (EVA)55.0447.2234.6653.2244.28
Solvency
Equity ratio50.5 %53.5 %56.8 %59.7 %62.5 %
Gearing80.3 %70.0 %60.0 %52.1 %45.0 %
Relative net indebtedness %550.0 %522.7 %489.4 %458.3 %427.3 %
Liquidity
Quick ratio7.77.910.912.713.9
Current ratio7.77.910.912.713.9
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %500.2 %554.5 %626.5 %689.5 %749.2 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:8.86%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.5%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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