Britannia Invest Holding K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Britannia Invest Holding K/S
Britannia Invest Holding K/S (CVR number: 42337862K) is a company from KØBENHAVN. The company reported a net sales of 23.1 mGBP in 2023, demonstrating a decline of -8.7 % compared to the previous year. The operating profit percentage was poor at -188.1 % (EBIT: -43.4 mGBP), while net earnings were -63.1 mGBP. The profitability of the company measured by Return on Assets (ROA) was -10.1 %, which can be considered poor and Return on Equity (ROE) was -39.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Britannia Invest Holding K/S's liquidity measured by quick ratio was 2.1 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 (kGBP)
EBIT (kGBP)
Profitability
Solidity
Key figures (kGBP)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 19 099.00 | 25 268.00 | 23 081.00 |
Gross profit | 15 795.00 | -19 318.00 | -43 007.00 |
EBIT | 15 514.00 | -19 652.00 | -43 426.00 |
Net earnings | 8 487.00 | -31 109.00 | -63 053.00 |
Shareholders equity total | 222 875.00 | 191 766.00 | 128 713.00 |
Balance sheet total (assets) | 500 777.00 | 469 229.00 | 387 991.00 |
Net debt | 259 177.00 | 261 659.00 | 240 188.00 |
Profitability | |||
EBIT-% | 81.2 % | -77.8 % | -188.1 % |
ROA | 3.1 % | -4.0 % | -10.1 % |
ROE | 3.8 % | -15.0 % | -39.3 % |
ROI | 3.2 % | -4.1 % | -10.3 % |
Economic value added (EVA) | 13 447.79 | -32 934.17 | -53 521.59 |
Solvency | |||
Equity ratio | 45.0 % | 41.3 % | 33.6 % |
Gearing | 120.1 % | 139.6 % | 192.4 % |
Relative net indebtedness % | 1410.7 % | 1074.4 % | 1091.0 % |
Liquidity | |||
Quick ratio | 3.7 | 0.3 | 2.1 |
Current ratio | 1.3 | 0.2 | 1.0 |
Cash and cash equivalents | 8 472.00 | 5 990.00 | 7 461.00 |
Capital use efficiency | |||
Trade debtors turnover (days) | 32.5 | 14.4 | 3.3 |
Net working capital % | 15.4 % | -126.4 % | -0.1 % |
Credit risk | |||
Credit rating | AAA | A | BBB |
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