Binders ApS — Credit Rating and Financial Key Figures

CVR number: 41403748
Wichmandsgade 8 B, Sønder Nærå 5000 Odense C
emil@binders.dk
tel: 42805252

Company information

Official name
Binders ApS
Personnel
44 persons
Established
2020
Domicile
Sønder Nærå
Company form
Private limited company
Industry

About Binders ApS

Binders ApS (CVR number: 41403748) is a company from ODENSE. The company recorded a gross profit of 14.3 mDKK in 2024. The operating profit was -357 kDKK, while net earnings were -441 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.5 %, which can be considered poor and Return on Equity (ROE) was -13.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -12.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Binders ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit411.621 754.511 773.815 281.4614 262.24
EBIT200.54192.44396.76- 323.70- 356.98
Net earnings148.11149.54314.48- 329.32- 440.98
Shareholders equity total225.45374.99504.79- 144.54- 585.52
Balance sheet total (assets)453.88605.73863.662 384.644 118.60
Net debt- 153.00- 339.98- 713.32315.04-1 790.73
Profitability
EBIT-%
ROA44.2 %36.3 %55.5 %-19.1 %-9.5 %
ROE65.7 %49.8 %71.5 %-22.8 %-13.6 %
ROI89.0 %64.1 %92.7 %-78.9 %-163.2 %
Economic value added (EVA)154.33138.78290.47- 353.31- 365.55
Solvency
Equity ratio49.7 %61.9 %58.4 %-5.7 %-12.4 %
Gearing0.1 %-218.0 %-17.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.62.40.90.9
Current ratio2.02.62.40.90.9
Cash and cash equivalents153.00339.98713.711 894.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-9.45%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-12.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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