Bang Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 37131296
Bavnevej 49, 8831 Løgstrup

Company information

Official name
Bang Ejendomme ApS
Established
2015
Company form
Private limited company
Industry

About Bang Ejendomme ApS

Bang Ejendomme ApS (CVR number: 37131296) is a company from VIBORG. The company recorded a gross profit of 717.9 kDKK in 2023. The operating profit was 668.7 kDKK, while net earnings were 203 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent but Return on Equity (ROE) was 17.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 10.2 %, 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. Bang Ejendomme 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 profit368.90351.81474.11636.53717.87
EBIT338.56319.54433.63586.72668.66
Net earnings120.93126.90155.89260.26203.03
Shareholders equity total517.59644.49800.381 060.641 263.67
Balance sheet total (assets)8 057.809 494.3611 969.4712 247.8412 420.63
Net debt6 792.728 544.989 782.6310 597.6410 445.23
Profitability
EBIT-%
ROA4.2 %3.6 %4.0 %4.8 %5.4 %
ROE22.7 %21.8 %21.6 %28.0 %17.5 %
ROI4.3 %3.7 %4.3 %5.2 %5.6 %
Economic value added (EVA)60.2469.524.93145.71161.66
Solvency
Equity ratio6.4 %6.8 %6.7 %8.7 %10.2 %
Gearing1420.0 %1339.7 %1246.3 %1018.8 %860.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.00.00.1
Current ratio0.10.00.00.00.1
Cash and cash equivalents557.2589.01192.32208.30424.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.42%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.2%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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