BRIDGE COMPANY A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BRIDGE COMPANY A/S
BRIDGE COMPANY A/S (CVR number: 29633355) is a company from HERLEV. The company recorded a gross profit of -448.7 kDKK in 2023. The operating profit was -1153 kDKK, while net earnings were -1779.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.9 %, which can be considered poor and Return on Equity (ROE) was -48.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.1 %, 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. BRIDGE COMPANY A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3 203.97 | -2 655.91 | -1 237.57 | -1 064.13 | - 448.69 |
EBIT | -4 023.76 | -3 440.57 | -1 976.12 | -1 506.14 | -1 153.01 |
Net earnings | -3 239.32 | -2 801.79 | -1 634.59 | -1 358.03 | -1 779.80 |
Shareholders equity total | 7 505.59 | 7 553.80 | 5 919.21 | 4 561.19 | 2 781.38 |
Balance sheet total (assets) | 11 274.90 | 11 019.94 | 10 698.80 | 10 879.41 | 10 272.65 |
Net debt | 3 121.85 | 2 872.86 | 4 528.78 | 6 047.14 | 7 324.74 |
Profitability | |||||
EBIT-% | |||||
ROA | -34.7 % | -30.9 % | -18.2 % | -14.0 % | -10.9 % |
ROE | -39.0 % | -37.2 % | -24.3 % | -25.9 % | -48.5 % |
ROI | -37.4 % | -32.6 % | -18.8 % | -14.2 % | -11.0 % |
Economic value added (EVA) | -2 896.15 | -2 300.89 | - 984.05 | - 565.02 | - 736.78 |
Solvency | |||||
Equity ratio | 66.6 % | 68.5 % | 55.3 % | 41.9 % | 27.1 % |
Gearing | 42.2 % | 38.3 % | 77.8 % | 134.8 % | 265.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 2.9 | 2.1 | 1.6 | 1.3 |
Current ratio | 2.8 | 3.0 | 2.2 | 1.7 | 1.4 |
Cash and cash equivalents | 43.92 | 21.05 | 75.63 | 102.75 | 68.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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