BRAX Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 39067382
Torvegade 6, 6330 Padborg

Credit rating

Company information

Official name
BRAX Denmark ApS
Personnel
3 persons
Established
2017
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About BRAX Denmark ApS

BRAX Denmark ApS (CVR number: 39067382) is a company from AABENRAA. The company recorded a gross profit of 3667.4 kDKK in 2023. The operating profit was 284.1 kDKK, while net earnings were 180.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.8 %, which can be considered excellent and Return on Equity (ROE) was 16.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BRAX Denmark ApS's liquidity measured by quick ratio was 2.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit4 846.004 244.004 228.004 115.003 667.39
EBIT316.0046.00362.00334.00284.12
Net earnings143.00-35.00208.00197.00180.78
Shareholders equity total658.00623.00831.001 028.001 208.49
Balance sheet total (assets)3 589.002 883.002 398.001 746.001 440.40
Net debt2 332.001 761.001 017.0015.00-28.80
Profitability
EBIT-%
ROA8.2 %1.8 %14.0 %16.5 %19.8 %
ROE24.4 %-5.5 %28.6 %21.2 %16.2 %
ROI8.7 %1.9 %16.2 %21.1 %25.9 %
Economic value added (EVA)224.1729.22259.85220.88172.08
Solvency
Equity ratio18.3 %21.6 %34.7 %58.9 %83.9 %
Gearing403.6 %308.5 %143.0 %19.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.40.40.42.5
Current ratio0.60.40.40.42.5
Cash and cash equivalents324.00161.00171.00185.0028.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:19.8%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.9%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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