Binks Overseas Nordic ApS — Credit Rating and Financial Key Figures

CVR number: 37005924
Rugbjergvej 6, 7490 Aulum

Credit rating

Company information

Official name
Binks Overseas Nordic ApS
Personnel
23 persons
Established
2015
Company form
Private limited company
Industry

About Binks Overseas Nordic ApS

Binks Overseas Nordic ApS (CVR number: 37005924) is a company from HERNING. The company reported a net sales of 1.4 mDKK in 2024, demonstrating a decline of -85.2 % compared to the previous year. The operating profit percentage was at 35.4 % (EBIT: 0.5 mDKK), while net earnings were 387.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 53.4 %, 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. Binks Overseas Nordic ApS'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales9 490.191 405.22
Gross profit982.82784.361 700.40130.751 265.45
EBIT- 610.84-1 278.86- 271.31130.75497.37
Net earnings- 477.67-1 001.00- 219.08125.24387.46
Shareholders equity total- 336.83-1 337.83-1 556.91-1 431.685 391.63
Balance sheet total (assets)327.61709.411 266.867 338.6910 101.62
Net debt278.261 596.342 392.023 625.211 641.24
Profitability
EBIT-%1.4 %35.4 %
ROA-128.8 %-94.3 %-11.1 %2.3 %5.3 %
ROE-203.9 %-193.1 %-22.2 %2.9 %6.1 %
ROI-280.8 %-127.2 %-12.9 %4.3 %9.3 %
Economic value added (EVA)- 483.77- 996.06- 230.7284.70277.23
Solvency
Equity ratio-50.7 %-65.3 %-55.1 %-16.3 %53.4 %
Gearing-87.3 %-127.8 %-158.8 %-253.2 %30.4 %
Relative net indebtedness %92.4 %335.2 %
Liquidity
Quick ratio0.30.10.30.82.1
Current ratio0.30.10.30.82.1
Cash and cash equivalents15.70113.6980.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-15.1 %383.7 %
Credit risk
Credit ratingCBBBBBBBB

Variable visualization

ROA:5.27%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.4%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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