GEARS FOR BREAKFAST ApS — Credit Rating and Financial Key Figures

CVR number: 35466525
Bernhard Bangs Alle 39, 2000 Frederiksberg
jonas@gearsforbreakfast.com
gearsforbreakfast.com

Credit rating

Company information

Official name
GEARS FOR BREAKFAST ApS
Personnel
2 persons
Established
2013
Company form
Private limited company
Industry
  • Expand more icon58Publishing activities

About GEARS FOR BREAKFAST ApS

GEARS FOR BREAKFAST ApS (CVR number: 35466525) is a company from FREDERIKSBERG. The company recorded a gross profit of 7377 kDKK in 2023. The operating profit was -3262.2 kDKK, while net earnings were -2820.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.6 %, which can be considered poor and Return on Equity (ROE) was -7.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GEARS FOR BREAKFAST ApS's liquidity measured by quick ratio was 139.3 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 profit25 667.9015 801.7912 924.3412 970.147 377.01
EBIT19 661.7310 720.574 433.272 568.89-3 262.20
Net earnings15 331.078 218.813 613.482 529.29-2 820.84
Shareholders equity total26 713.2234 876.7338 433.7240 905.8138 026.06
Balance sheet total (assets)27 228.8135 125.4438 617.8941 198.1038 300.99
Net debt-23 745.47-34 150.74-37 624.97-39 251.53-33 947.35
Profitability
EBIT-%
ROA100.5 %34.4 %13.2 %8.6 %-6.6 %
ROE80.4 %26.7 %9.9 %6.4 %-7.1 %
ROI102.9 %34.7 %13.3 %8.7 %-6.6 %
Economic value added (EVA)15 294.458 211.913 424.021 968.09-2 621.08
Solvency
Equity ratio98.1 %99.3 %99.5 %99.3 %99.3 %
Gearing0.2 %0.2 %0.3 %0.4 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio52.9141.3214.4141.8139.3
Current ratio53.1141.3214.4141.8139.3
Cash and cash equivalents23 787.8634 222.8837 738.3539 406.6734 099.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-6.60%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.3%
Rating: 89/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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