BRAVIDA DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 14769005
Park Allé 373, 2605 Brøndby
tel: 43221100

Credit rating

Company information

Official name
BRAVIDA DANMARK A/S
Personnel
2966 persons
Established
1910
Company form
Limited company
Industry

About BRAVIDA DANMARK A/S

BRAVIDA DANMARK A/S (CVR number: 14769005) is a company from BRØNDBY. The company reported a net sales of 4433.7 mDKK in 2023, demonstrating a growth of 7.6 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 66.9 mDKK), while net earnings were 55.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 12.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 23.2 %, 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. BRAVIDA DANMARK A/S'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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2.662 997.683 213.694 122.074 433.69
Gross profit1.241 367.151 507.931 767.131 949.65
EBIT0.12128.14133.17137.1566.92
Net earnings0.0997.12102.3294.7055.09
Shareholders equity total0.29339.83382.15426.85461.94
Balance sheet total (assets)1.351 538.741 718.372 376.762 506.84
Net debt0.0215.3851.83313.59386.44
Profitability
EBIT-%4.6 %4.3 %4.1 %3.3 %1.5 %
ROA9.8 %17.2 %8.7 %6.7 %3.9 %
ROE33.4 %57.1 %28.3 %23.4 %12.4 %
ROI27.0 %37.8 %19.3 %15.5 %9.2 %
Economic value added (EVA)0.0794.7370.3068.52-0.39
Solvency
Equity ratio21.7 %22.1 %22.2 %21.9 %23.2 %
Gearing15.1 %14.3 %16.1 %80.3 %83.8 %
Relative net indebtedness %34.2 %33.7 %35.7 %41.1 %41.0 %
Liquidity
Quick ratio1.21.41.41.71.7
Current ratio1.31.41.41.21.2
Cash and cash equivalents0.0333.069.6429.050.86
Capital use efficiency
Trade debtors turnover (days)83.589.3117.4108.9116.9
Net working capital %8.6 %12.6 %12.7 %8.2 %7.2 %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:3.92%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.2%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member
Board member

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