Birk & Bang Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Birk & Bang Holding ApS
Birk & Bang Holding ApS (CVR number: 37178705) is a company from ODENSE. The company recorded a gross profit of -79.7 kDKK in 2023. The operating profit was -79.7 kDKK, while net earnings were 4926.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent and Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 87.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Birk & Bang Holding ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -96.03 | -33.17 | - 165.75 | -68.41 | -79.72 |
| EBIT | -96.03 | -33.17 | - 165.75 | -68.41 | -79.72 |
| Net earnings | 13 996.22 | 4 476.36 | -5 944.77 | 4 633.31 | 4 926.19 |
| Shareholders equity total | 69 354.34 | 73 830.70 | 67 885.93 | 72 519.24 | 76 665.43 |
| Balance sheet total (assets) | 69 374.09 | 74 164.29 | 68 727.76 | 80 292.29 | 87 883.50 |
| Net debt | - 831.10 | 257.65 | 522.26 | 7 560.09 | 10 699.15 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 22.4 % | 6.2 % | -8.3 % | 6.5 % | 6.7 % |
| ROE | 22.4 % | 6.3 % | -8.4 % | 6.6 % | 6.6 % |
| ROI | 22.4 % | 6.2 % | -8.3 % | 6.6 % | 6.7 % |
| Economic value added (EVA) | -2 856.59 | -3 510.45 | -3 900.75 | -3 501.63 | -4 095.06 |
| Solvency | |||||
| Equity ratio | 100.0 % | 99.6 % | 98.8 % | 90.3 % | 87.2 % |
| Gearing | 0.4 % | 1.1 % | 10.7 % | 14.0 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1 359.8 | 81.4 | 32.6 | 2.0 | 1.5 |
| Current ratio | 1 359.8 | 81.4 | 32.6 | 2.0 | 1.5 |
| Cash and cash equivalents | 831.10 | 60.94 | 215.41 | 182.96 | 16.49 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | BBB | A | A |
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