Friends & Brgrs Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Friends & Brgrs Denmark A/S
Friends & Brgrs Denmark A/S (CVR number: 37514691) is a company from KØBENHAVN. The company recorded a gross profit of -25.4 kDKK in 2023. The operating profit was -25.4 kDKK, while net earnings were -25.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.3 %, which can be considered poor and Return on Equity (ROE) was -26.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.7 %, 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. Friends & Brgrs Denmark A/S's liquidity measured by quick ratio was 18.5 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 | -1 246.89 | -39.39 | -28.54 | -17.23 | -25.37 |
EBIT | -7 022.26 | -39.45 | -28.54 | -17.23 | -25.37 |
Net earnings | -7 031.01 | -54.70 | -24.24 | -17.23 | -25.37 |
Shareholders equity total | 204.17 | 149.47 | 125.23 | 108.01 | 82.64 |
Balance sheet total (assets) | 276.37 | 318.44 | 318.80 | 347.61 | 349.17 |
Net debt | -5.76 | 85.10 | 109.67 | - 130.89 | -83.10 |
Profitability | |||||
EBIT-% | |||||
ROA | -162.8 % | -13.3 % | -7.6 % | -5.2 % | -7.3 % |
ROE | -251.6 % | -30.9 % | -17.6 % | -14.8 % | -26.6 % |
ROI | -181.8 % | -16.7 % | -8.9 % | -6.0 % | -8.0 % |
Economic value added (EVA) | -6 854.14 | -49.42 | -34.31 | -21.56 | -14.35 |
Solvency | |||||
Equity ratio | 73.9 % | 46.9 % | 39.3 % | 31.1 % | 23.7 % |
Gearing | 80.2 % | 118.8 % | 181.9 % | 299.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.8 | 6.5 | 7.1 | 8.0 | 18.5 |
Current ratio | 3.8 | 6.5 | 7.1 | 8.0 | 18.5 |
Cash and cash equivalents | 5.76 | 34.81 | 39.12 | 327.31 | 330.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | C | B |
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