BROEN A/S — Credit Rating and Financial Key Figures

CVR number: 71172511
Skovvej 30, 5610 Assens
broen@broen.com
tel: 64712095

Credit rating

Company information

Official name
BROEN A/S
Personnel
141 persons
Established
1982
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About BROEN A/S

BROEN A/S (CVR number: 71172511K) is a company from ASSENS. The company reported a net sales of 832.4 mDKK in 2023, demonstrating a growth of 13 % compared to the previous year. The operating profit percentage was at 10.1 % (EBIT: 84.5 mDKK), while net earnings were 48 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good and Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 48.5 %, 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. BROEN A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales611.27557.39595.00736.71832.44
Gross profit611.27557.39203.64247.64261.22
EBIT62.6058.9969.3991.5784.49
Net earnings66.5760.5747.97
Shareholders equity total363.91357.05402.62467.54503.64
Balance sheet total (assets)634.46606.71728.97945.151 037.41
Net debt-90.12109.36184.11246.77
Profitability
EBIT-%10.2 %10.6 %11.7 %12.4 %10.1 %
ROA10.2 %9.5 %11.1 %11.8 %9.5 %
ROE17.5 %13.9 %9.9 %
ROI10.2 %9.5 %12.3 %14.1 %11.3 %
Economic value added (EVA)27.9523.5955.0256.9341.40
Solvency
Equity ratio100.0 %100.0 %55.2 %49.5 %48.5 %
Gearing47.2 %65.8 %69.7 %
Relative net indebtedness %-16.2 %39.2 %46.1 %49.5 %
Liquidity
Quick ratio0.91.01.1
Current ratio1.71.82.0
Cash and cash equivalents90.1280.81123.56104.29
Capital use efficiency
Trade debtors turnover (days)43.747.448.5
Net working capital %16.2 %26.9 %30.7 %30.8 %
Credit risk
Credit ratingBBBBBBAAAAAAAAA

Variable visualization

ROA:9.51%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.5%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board

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