Budgetbutler ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Budgetbutler ApS
Budgetbutler ApS (CVR number: 40626573) is a company from KØBENHAVN. The company recorded a gross profit of -18.5 kDKK in 2023. The operating profit was -18.5 kDKK, while net earnings were -18.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10 %, which can be considered poor and Return on Equity (ROE) was -110.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Budgetbutler ApS's liquidity measured by quick ratio was 1.7 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 | -3.00 | -23.20 | - 491.91 | - 320.49 | -18.45 |
| EBIT | -3.00 | -23.20 | -3 009.16 | - 320.49 | -18.45 |
| Net earnings | -7.34 | -3.23 | -3 028.11 | - 321.68 | -18.44 |
| Shareholders equity total | 32.66 | 29.43 | 1.32 | - 320.36 | 11.20 |
| Balance sheet total (assets) | 40.66 | 2 818.89 | 147.26 | 22.13 | 26.20 |
| Net debt | 2 664.61 | 11.39 | 316.83 | -25.48 | |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -7.4 % | -1.2 % | -202.9 % | -130.9 % | -10.0 % |
| ROE | -22.5 % | -10.4 % | -19693.1 % | -2743.6 % | -110.7 % |
| ROI | -9.2 % | -1.3 % | -210.9 % | -160.6 % | -11.2 % |
| Economic value added (EVA) | -2.75 | -18.11 | -2 937.53 | - 317.16 | -2.25 |
| Solvency | |||||
| Equity ratio | 80.3 % | 1.0 % | 0.9 % | -93.5 % | 42.7 % |
| Gearing | 9324.8 % | 5970.5 % | -99.5 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 5.1 | 13.2 | 2.2 | 0.1 | 1.7 |
| Current ratio | 5.1 | 13.2 | 2.2 | 0.1 | 1.7 |
| Cash and cash equivalents | 79.85 | 67.48 | 2.03 | 25.48 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | BBB | B | B | B |
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