Busfinans 2022 ApS — Credit Rating and Financial Key Figures

CVR number: 39245248
Kielbergvej 20, 5750 Ringe

Credit rating

Company information

Official name
Busfinans 2022 ApS
Established
2018
Company form
Private limited company
Industry

About Busfinans 2022 ApS

Busfinans 2022 ApS (CVR number: 39245248) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 26.9 kDKK in 2023. The operating profit was -401.3 kDKK, while net earnings were -278.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.9 %, which can be considered poor and Return on Equity (ROE) was -17.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Busfinans 2022 ApS's liquidity measured by quick ratio was 6.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 606.32- 537.59769.382 915.9826.92
EBIT-1 556.35-1 500.26- 193.291 953.31- 401.35
Net earnings-1 516.55-1 441.71- 387.151 250.34- 278.38
Shareholders equity total278.68336.98449.821 700.161 421.79
Balance sheet total (assets)29 126.3628 997.8527 640.453 565.151 569.56
Net debt6 180.747 363.217 010.94-40.18115.04
Profitability
EBIT-%
ROA-5.0 %-5.2 %-0.7 %12.5 %-13.9 %
ROE-811.2 %-468.3 %-98.4 %116.3 %-17.8 %
ROI-5.2 %-5.2 %-0.7 %13.2 %-20.3 %
Economic value added (EVA)-1 218.75-1 178.43- 158.521 501.09- 386.12
Solvency
Equity ratio0.5 %0.7 %0.9 %47.7 %90.6 %
Gearing2259.1 %2239.3 %1558.8 %12.1 %8.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.11.46.4
Current ratio0.10.20.11.46.4
Cash and cash equivalents115.00182.640.87245.952.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-13.9%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.6%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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