Friends & Brgrs Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 37514691
Vendersgade 28, 1363 København K
denmark@ecovis.com

Company information

Official name
Friends & Brgrs Denmark A/S
Established
2016
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 total204.17149.47125.23108.0182.64
Balance sheet total (assets)276.37318.44318.80347.61349.17
Net debt-5.7685.10109.67- 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 ratio73.9 %46.9 %39.3 %31.1 %23.7 %
Gearing80.2 %118.8 %181.9 %299.7 %
Relative net indebtedness %
Liquidity
Quick ratio3.86.57.18.018.5
Current ratio3.86.57.18.018.5
Cash and cash equivalents5.7634.8139.12327.31330.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBCB

Variable visualization

ROA:-7.28%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.7%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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