Brahe Watches ApS — Credit Rating and Financial Key Figures

CVR number: 36981660
Ulfeldtsvej 11, 8700 Horsens
kasper@tychobrahewatches.com
www.tychobrahewatches.com

Credit rating

Company information

Official name
Brahe Watches ApS
Established
2015
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Brahe Watches ApS

Brahe Watches ApS (CVR number: 36981660) is a company from HORSENS. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was 0 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Brahe Watches ApS's liquidity measured by quick ratio was 3233 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-16.82-42.43-15.22-17.35
EBIT-16.82-42.43-24.35-28.87
Net earnings-13.33-33.32-19.20-22.52
Shareholders equity total128.5295.2076.0053.4853.48
Balance sheet total (assets)132.7396.2978.4253.4953.49
Net debt-52.66-31.82-23.90-2.62-2.62
Profitability
EBIT-%
ROA-12.1 %-37.1 %-27.9 %-43.8 %
ROE-9.9 %-29.8 %-22.4 %-34.8 %
ROI-12.4 %-37.8 %-28.4 %-44.6 %
Economic value added (EVA)-17.22-36.89-22.16-25.14-2.56
Solvency
Equity ratio96.8 %98.9 %96.9 %100.0 %100.0 %
Gearing0.3 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio18.460.726.23 233.03 233.0
Current ratio31.588.232.43 566.33 566.3
Cash and cash equivalents53.0232.1823.902.622.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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