BROLARS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BROLARS ApS
BROLARS ApS (CVR number: 33506368) is a company from FREDERICIA. The company recorded a gross profit of 523.1 kDKK in 2023. The operating profit was -37.5 kDKK, while net earnings were -36.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.4 %, which can be considered poor and Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.7 %, 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. BROLARS ApS's liquidity measured by quick ratio was 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 234.37 | 1 445.73 | 754.24 | 395.22 | 523.14 |
EBIT | - 345.80 | 859.15 | 106.22 | - 225.90 | -37.49 |
Net earnings | - 352.47 | 741.95 | 75.92 | - 180.19 | -36.94 |
Shareholders equity total | 398.42 | 1 140.37 | 1 216.29 | 1 036.10 | 999.16 |
Balance sheet total (assets) | 689.47 | 2 163.37 | 1 754.03 | 1 328.51 | 1 497.35 |
Net debt | - 129.73 | - 842.30 | - 287.23 | - 521.46 | -88.73 |
Profitability | |||||
EBIT-% | |||||
ROA | -40.6 % | 60.4 % | 5.5 % | -14.5 % | -2.4 % |
ROE | -61.3 % | 96.4 % | 6.4 % | -16.0 % | -3.6 % |
ROI | -60.0 % | 105.5 % | 8.6 % | -19.0 % | -3.2 % |
Economic value added (EVA) | - 350.37 | 734.49 | 67.82 | - 222.64 | -57.32 |
Solvency | |||||
Equity ratio | 57.8 % | 52.7 % | 69.3 % | 78.0 % | 66.7 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.7 | 2.2 | 3.2 | 2.0 |
Current ratio | 1.1 | 1.8 | 2.3 | 3.4 | 2.1 |
Cash and cash equivalents | 129.73 | 842.30 | 287.23 | 521.46 | 88.73 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | BBB |
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