BRØNS HANDELS- OG FINANCIERINGSSELSKAB ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 391.91 | 1 412.79 | 1 433.98 | 1 484.17 | 1 536.12 |
Gross profit | 1 348.47 | 1 368.64 | 1 386.93 | 1 436.72 | 1 490.29 |
EBIT | 1 036.75 | 1 056.92 | 1 075.21 | 1 125.00 | 1 178.56 |
Net earnings | 823.25 | 888.80 | 934.39 | 1 087.87 | 1 175.80 |
Shareholders equity total | 8 840.88 | 9 729.67 | 10 664.06 | 11 751.93 | 12 927.73 |
Balance sheet total (assets) | 17 511.71 | 18 171.78 | 18 782.76 | 19 687.44 | 20 668.31 |
Net debt | 7 100.79 | 6 810.21 | 6 399.85 | 6 125.49 | 5 813.37 |
Profitability | |||||
EBIT-% | 74.5 % | 74.8 % | 75.0 % | 75.8 % | 76.7 % |
ROA | 6.7 % | 6.7 % | 6.7 % | 8.1 % | 8.9 % |
ROE | 9.8 % | 9.6 % | 9.2 % | 9.7 % | 9.5 % |
ROI | 6.9 % | 6.9 % | 6.9 % | 8.3 % | 9.2 % |
Economic value added (EVA) | 55.04 | 47.22 | 34.66 | 53.22 | 44.28 |
Solvency | |||||
Equity ratio | 50.5 % | 53.5 % | 56.8 % | 59.7 % | 62.5 % |
Gearing | 80.3 % | 70.0 % | 60.0 % | 52.1 % | 45.0 % |
Relative net indebtedness % | 550.0 % | 522.7 % | 489.4 % | 458.3 % | 427.3 % |
Liquidity | |||||
Quick ratio | 7.7 | 7.9 | 10.9 | 12.7 | 13.9 |
Current ratio | 7.7 | 7.9 | 10.9 | 12.7 | 13.9 |
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 rating | AA | AA | AA | AA | AA |
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