Credit rating
Company information
About BROTHER NORDIC A/S
BROTHER NORDIC A/S (CVR number: 54034628) is a company from ISHØJ. The company reported a net sales of 32.2 mEUR in 2023, demonstrating a decline of -8.5 % compared to the previous year. The operating profit percentage was at 8.6 % (EBIT: 2.8 mEUR), while net earnings were 2156 kEUR. The profitability of the company measured by Return on Assets (ROA) was 20.8 %, which can be considered excellent but Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 70.6 %, 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. BROTHER NORDIC A/S's liquidity measured by quick ratio was 2.6 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 financialsNet sales (mEUR)
EBIT (mEUR)
Profitability
Solidity
Key figures (mEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 53.58 | 31.06 | 29.79 | 35.22 | 32.24 |
Gross profit | 8.46 | 9.57 | 9.39 | 9.47 | 9.76 |
EBIT | 1.82 | 2.92 | 2.87 | 3.06 | 2.77 |
Net earnings | 1.09 | 2.38 | 2.15 | 2.16 | 2.16 |
Shareholders equity total | 34.34 | 35.74 | 15.85 | 16.07 | 16.29 |
Balance sheet total (assets) | 42.25 | 42.21 | 24.93 | 23.98 | 23.08 |
Net debt | -27.09 | -30.81 | -9.03 | -9.76 | -10.26 |
Profitability | |||||
EBIT-% | 3.4 % | 9.4 % | 9.6 % | 8.7 % | 8.6 % |
ROA | 6.3 % | 9.9 % | 10.5 % | 18.6 % | 20.8 % |
ROE | 3.1 % | 6.8 % | 8.3 % | 13.5 % | 13.3 % |
ROI | 7.0 % | 10.9 % | 12.2 % | 23.4 % | 25.5 % |
Economic value added (EVA) | 0.57 | 2.19 | 2.09 | 2.05 | 1.97 |
Solvency | |||||
Equity ratio | 81.3 % | 84.7 % | 63.6 % | 67.0 % | 70.6 % |
Gearing | 8.4 % | 4.7 % | 15.1 % | 17.7 % | 11.1 % |
Relative net indebtedness % | -42.0 % | -84.7 % | -8.8 % | -14.0 % | -17.1 % |
Liquidity | |||||
Quick ratio | 5.0 | 6.8 | 2.1 | 2.4 | 2.6 |
Current ratio | 5.7 | 7.2 | 2.6 | 3.2 | 3.6 |
Cash and cash equivalents | 29.99 | 32.48 | 11.42 | 12.60 | 12.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 19.7 | 11.4 | 19.4 | 25.1 | 21.7 |
Net working capital % | 59.1 % | 107.0 % | 44.3 % | 44.4 % | 48.9 % |
Credit risk | |||||
Credit rating | A | A | AA | A | A |
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