BUDGET OPTIK ApS — Credit Rating and Financial Key Figures

CVR number: 34707049
Hospitalsgade 19, 8700 Horsens

Company information

Official name
BUDGET OPTIK ApS
Established
2012
Company form
Private limited company
Industry

About BUDGET OPTIK ApS

BUDGET OPTIK ApS (CVR number: 34707049) is a company from HORSENS. The company recorded a gross profit of -8 kDKK in 2023. The operating profit was -8 kDKK, while net earnings were 21.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent and Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BUDGET OPTIK ApS's liquidity measured by quick ratio was 25.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-8.85-8.75-8.15-7.88-8.03
EBIT-8.85-8.75-8.15-7.88-8.03
Net earnings6.187.678.4713.6521.23
Shareholders equity total478.57486.24494.71508.36529.59
Balance sheet total (assets)488.86497.31505.35527.35550.94
Net debt-12.35-2.94-30.07-20.65-10.77
Profitability
EBIT-%
ROA1.7 %2.0 %2.3 %3.7 %5.4 %
ROE1.3 %1.6 %1.7 %2.7 %4.1 %
ROI1.7 %2.1 %2.4 %3.8 %5.5 %
Economic value added (EVA)-27.78-30.22-30.59-29.44-30.37
Solvency
Equity ratio97.9 %97.8 %97.9 %96.4 %96.1 %
Gearing0.2 %0.2 %0.3 %1.6 %1.6 %
Relative net indebtedness %
Liquidity
Quick ratio47.544.947.527.825.8
Current ratio47.544.947.527.825.8
Cash and cash equivalents13.194.0531.3328.8119.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:5.39%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.1%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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