BRAA HUSE A/S — Credit Rating and Financial Key Figures

CVR number: 89597714
Havdigevej 2, 6700 Esbjerg
michael@braanielsen.dk
tel: 63551425

Company information

Official name
BRAA HUSE A/S
Personnel
1 person
Established
1979
Company form
Limited company
Industry

About BRAA HUSE A/S

BRAA HUSE A/S (CVR number: 89597714) is a company from ESBJERG. The company recorded a gross profit of 1676.8 kDKK in 2023. The operating profit was 1121.2 kDKK, while net earnings were 589.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 18.3 %, 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. BRAA HUSE A/S's liquidity measured by quick ratio was 0.2 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 profit1 119.391 804.091 905.111 681.941 676.78
EBIT765.451 278.971 284.391 181.421 121.19
Net earnings504.471 473.62961.06619.08589.88
Shareholders equity total4 123.875 597.486 558.546 577.627 167.50
Balance sheet total (assets)28 625.7030 092.3133 793.5737 065.8239 180.83
Net debt23 389.3623 600.8726 180.1824 415.9627 595.84
Profitability
EBIT-%
ROA3.1 %4.4 %4.2 %3.4 %3.4 %
ROE13.0 %30.3 %15.8 %9.4 %8.6 %
ROI3.2 %4.6 %4.3 %3.6 %3.8 %
Economic value added (EVA)380.48373.68352.13537.37590.63
Solvency
Equity ratio14.4 %18.6 %19.4 %17.7 %18.3 %
Gearing572.2 %421.6 %399.2 %401.0 %388.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.10.20.2
Current ratio0.00.10.10.20.2
Cash and cash equivalents206.601 960.93222.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:3.37%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.3%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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