Binape Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 38497677
Ved Vesterport 6, 1612 København V

Credit rating

Company information

Official name
Binape Denmark ApS
Personnel
5 persons
Established
2017
Company form
Private limited company
Industry
  • Expand more icon432400

About Binape Denmark ApS

Binape Denmark ApS (CVR number: 38497677) is a company from KØBENHAVN. The company recorded a gross profit of 248.9 kDKK in 2024. The operating profit was -457.3 kDKK, while net earnings were -579.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.3 %, which can be considered excellent but Return on Equity (ROE) was -56.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -91.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Binape Denmark ApS'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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit39 457.8518 457.054 941.772 620.03248.91
EBIT12 501.555 854.36-3 177.05-1 454.12- 457.35
Net earnings9 426.004 581.66-11 975.38-3 336.23- 579.25
Shareholders equity total16 633.3713 215.03-2 760.35-6 096.57-6 675.82
Balance sheet total (assets)26 141.8416 498.692 326.241 469.77596.60
Net debt-17 445.72-5 374.593 567.266 380.856 650.94
Profitability
EBIT-%
ROA55.5 %28.1 %59.1 %25.7 %17.3 %
ROE79.1 %30.7 %-154.1 %-175.8 %-56.1 %
ROI104.3 %39.8 %-138.2 %-58.6 %-6.5 %
Economic value added (EVA)9 996.914 603.76-3 571.03-1 293.67- 116.38
Solvency
Equity ratio63.6 %80.1 %-54.3 %-80.6 %-91.8 %
Gearing-144.9 %-116.0 %-105.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.82.30.50.20.1
Current ratio2.82.30.50.20.1
Cash and cash equivalents17 445.725 374.59432.74688.96388.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBB

Variable visualization

ROA:17.3%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-91.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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