ARNE BUSK HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 30924436
Rønnedevej 30, 4640 Faxe

Credit rating

Company information

Official name
ARNE BUSK HOLDING A/S
Established
2007
Company form
Limited company
Industry

About ARNE BUSK HOLDING A/S

ARNE BUSK HOLDING A/S (CVR number: 30924436) is a company from FAXE. The company recorded a gross profit of -7.5 kDKK in 2023. The operating profit was -7.5 kDKK, while net earnings were -1545.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -75.6 %, which can be considered poor and Return on Equity (ROE) was -108.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -0.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ARNE BUSK HOLDING A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-20.00-20.00-20.00-16.00-7.54
EBIT-20.00-20.00-20.00-16.00-7.54
Net earnings-99.56- 114.55- 277.67-1 868.82-1 545.43
Shareholders equity total4 336.304 221.753 944.091 536.59-8.84
Balance sheet total (assets)5 250.595 150.674 952.612 681.111 307.14
Net debt890.22904.86984.501 064.101 133.65
Profitability
EBIT-%
ROA-2.1 %-2.3 %-4.7 %-34.4 %-75.6 %
ROE-2.3 %-2.7 %-6.8 %-68.2 %-108.7 %
ROI-2.1 %-2.3 %-4.7 %-34.8 %-77.9 %
Economic value added (EVA)156.60150.84147.20138.63167.71
Solvency
Equity ratio82.6 %82.0 %79.6 %57.3 %-0.7 %
Gearing20.5 %21.4 %25.0 %69.3 %-12825.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.10.1
Current ratio0.00.00.00.10.1
Cash and cash equivalents0.070.070.020.030.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-75.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-0.67%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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