BR Energy A/S — Credit Rating and Financial Key Figures

CVR number: 39706199
N. A. Christensens Vej 20, 7900 Nykøbing M
tel: 97720833
Braendselsforeningen.dk

Credit rating

Company information

Official name
BR Energy A/S
Personnel
15 persons
Established
2018
Company form
Limited company
Industry

About BR Energy A/S

BR Energy A/S (CVR number: 39706199) is a company from MORSØ. The company recorded a gross profit of 8004.3 kDKK in 2023. The operating profit was -668.8 kDKK, while net earnings were -1174.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.5 %, which can be considered poor and Return on Equity (ROE) was -47.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 19.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. BR Energy A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit4 874.616 294.804 760.597 239.248 004.30
EBIT-1 744.23615.64- 952.301 490.53- 668.83
Net earnings-1 884.12475.41-1 077.741 196.53-1 174.60
Shareholders equity total2 477.612 953.021 875.283 071.811 897.21
Balance sheet total (assets)8 609.277 039.145 633.4711 029.669 635.25
Net debt2 181.402 441.652 243.755 441.804 020.04
Profitability
EBIT-%
ROA-24.8 %7.9 %-15.0 %17.9 %-6.5 %
ROE-76.1 %17.5 %-44.6 %48.4 %-47.3 %
ROI-36.3 %11.4 %-19.9 %23.4 %-8.8 %
Economic value added (EVA)-1 684.67491.68-1 100.611 397.12- 903.80
Solvency
Equity ratio28.8 %42.0 %33.5 %27.9 %19.8 %
Gearing88.5 %82.7 %120.5 %179.6 %220.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.70.60.70.5
Current ratio1.41.71.61.41.4
Cash and cash equivalents10.691.4716.4173.73165.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBABBB

Variable visualization

ROA:-6.46%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.8%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

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