Edvard Buss ApS — Credit Rating and Financial Key Figures

CVR number: 34467420
Møllemarksvej 34, Bolbro 5200 Odense V

Credit rating

Company information

Official name
Edvard Buss ApS
Established
2012
Domicile
Bolbro
Company form
Private limited company
Industry

About Edvard Buss ApS

Edvard Buss ApS (CVR number: 34467420) is a company from ODENSE. The company recorded a gross profit of 15.5 kDKK in 2023. The operating profit was -3.4 kDKK, while net earnings were -21.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -9.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 18.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Edvard Buss 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit585.3121.85-60.47-12.9515.55
EBIT216.20-21.21-79.41-31.89-3.40
Net earnings129.22-53.57-96.11-43.99-21.71
Shareholders equity total709.92601.05449.64292.65153.15
Balance sheet total (assets)1 894.751 851.681 176.95981.67827.00
Net debt1 053.481 210.42358.12508.59633.16
Profitability
EBIT-%
ROA11.0 %-1.1 %-5.2 %-3.0 %-0.4 %
ROE19.1 %-8.2 %-18.3 %-11.9 %-9.7 %
ROI11.9 %-1.2 %-5.3 %-3.0 %-0.4 %
Economic value added (EVA)152.50-24.28-75.81-1.8626.27
Solvency
Equity ratio37.5 %32.5 %38.2 %29.8 %18.5 %
Gearing148.4 %201.4 %157.8 %231.7 %433.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.60.1
Current ratio1.10.60.1
Cash and cash equivalents351.20169.6229.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.37%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.5%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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