Bright Future Holding Aps — Credit Rating and Financial Key Figures
Credit rating
Company information
About Bright Future Holding Aps
Bright Future Holding Aps (CVR number: 37696951) is a company from AALBORG. The company recorded a gross profit of -12.7 kDKK in 2023. The operating profit was -12.7 kDKK, while net earnings were -12.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.4 %, which can be considered poor and Return on Equity (ROE) was -37.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Bright Future Holding Aps's liquidity measured by quick ratio was 2.4 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 | -17.71 | -10.94 | -10.69 | -10.69 | -12.75 |
EBIT | -17.71 | -10.94 | -10.69 | -10.69 | -12.75 |
Net earnings | 6.36 | - 143.46 | -17.80 | -9.95 | -12.75 |
Shareholders equity total | 362.47 | 219.01 | 88.20 | 40.26 | 27.51 |
Balance sheet total (assets) | 369.97 | 329.00 | 95.70 | 57.77 | 46.90 |
Net debt | -23.27 | - 204.51 | -15.43 | -14.48 | -3.61 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.7 % | -40.8 % | -5.0 % | -12.6 % | -24.4 % |
ROE | 1.8 % | -49.3 % | -11.6 % | -15.5 % | -37.6 % |
ROI | 1.8 % | -41.7 % | -5.2 % | -15.1 % | -37.6 % |
Economic value added (EVA) | -26.36 | -17.31 | -6.27 | -14.34 | -14.04 |
Solvency | |||||
Equity ratio | 98.0 % | 66.6 % | 92.2 % | 69.7 % | 58.6 % |
Gearing | 46.8 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 31.8 | 3.0 | 12.8 | 3.3 | 2.4 |
Current ratio | 31.8 | 3.0 | 12.8 | 3.3 | 2.4 |
Cash and cash equivalents | 23.27 | 307.00 | 15.43 | 14.48 | 3.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | B | B | B | BB |
Variable visualization
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