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BARNEY FINANS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BARNEY FINANS A/S
BARNEY FINANS A/S (CVR number: 71346218) is a company from GLOSTRUP. The company recorded a gross profit of 30.1 kDKK in 2024. The operating profit was 30.1 kDKK, while net earnings were -1953 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -10.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BARNEY FINANS A/S's liquidity measured by quick ratio was 2.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 48.52 | 170.34 | 87.69 | - 120.43 | 30.09 |
| EBIT | 48.52 | 170.34 | 87.69 | - 120.43 | 30.09 |
| Net earnings | 2 050.64 | 3 741.02 | 915.03 | 8 317.59 | -1 953.01 |
| Shareholders equity total | 6 514.65 | 10 255.67 | 11 170.71 | 19 488.30 | 17 535.29 |
| Balance sheet total (assets) | 24 556.92 | 27 434.47 | 27 838.50 | 34 765.63 | 28 790.46 |
| Net debt | -15 132.53 | -23 089.51 | -6 885.45 | -15 153.04 | -13 200.03 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 8.8 % | 14.4 % | 3.3 % | 26.6 % | 0.1 % |
| ROE | 37.4 % | 44.6 % | 8.5 % | 54.3 % | -10.6 % |
| ROI | 37.4 % | 44.6 % | 4.8 % | 26.6 % | 0.1 % |
| Economic value added (EVA) | - 175.80 | - 157.02 | - 427.66 | -1 516.32 | -1 712.88 |
| Solvency | |||||
| Equity ratio | 26.5 % | 37.4 % | 40.1 % | 56.1 % | 60.9 % |
| Gearing | 148.7 % | 78.0 % | 63.7 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.8 | 1.3 | 1.4 | 2.0 | 2.2 |
| Current ratio | 0.8 | 1.3 | 1.4 | 2.0 | 2.2 |
| Cash and cash equivalents | 15 132.53 | 23 089.51 | 23 493.54 | 30 350.67 | 24 375.50 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | A | A | A |
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