BIRMAR A/S — Credit Rating and Financial Key Figures

CVR number: 21354384
Strandmøllevej 2, 6000 Kolding
birmar@lmd.dk
tel: 75533660

Credit rating

Company information

Official name
BIRMAR A/S
Established
1998
Company form
Limited company
Industry
  • Expand more icon58Publishing activities

About BIRMAR A/S

BIRMAR A/S (CVR number: 21354384) is a company from KOLDING. The company recorded a gross profit of 294.7 kDKK in 2021. The operating profit was 134.4 kDKK, while net earnings were 134.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16 %, which can be considered excellent and Return on Equity (ROE) was 21.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -16 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. BIRMAR A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit5.160.50- 237.9159.00294.69
EBIT5.160.50- 237.9159.00134.41
Net earnings5.160.50- 237.9159.00134.31
Shareholders equity total-97.56-97.06- 334.97- 276.00- 141.67
Balance sheet total (assets)628.01656.31466.40518.00745.02
Net debt700.88692.15789.20691.00682.65
Profitability
EBIT-%
ROA0.7 %0.1 %-30.6 %7.4 %16.0 %
ROE0.8 %0.1 %-42.4 %12.0 %21.3 %
ROI0.7 %0.1 %-31.7 %7.9 %19.4 %
Economic value added (EVA)11.145.45- 232.5976.44148.43
Solvency
Equity ratio-13.4 %-12.9 %-41.8 %-34.8 %-16.0 %
Gearing-719.5 %-722.0 %-239.2 %-251.4 %-490.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.20.30.0
Current ratio0.90.90.60.70.8
Cash and cash equivalents1.088.6712.173.0011.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:16.0%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-16.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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