Brade Aps — Credit Rating and Financial Key Figures

CVR number: 36963239
Drejergangen 9 C, 2690 Karlslunde
brade@brade-bss.dk
tel: 22468787

Credit rating

Company information

Official name
Brade Aps
Personnel
5 persons
Established
2015
Company form
Private limited company
Industry

About Brade Aps

Brade Aps (CVR number: 36963239) is a company from GREVE. The company recorded a gross profit of 4855.9 kDKK in 2023. The operating profit was 263.4 kDKK, while net earnings were 207.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good and Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 62.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Brade Aps's liquidity measured by quick ratio was 2.5 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 profit2 603.434 753.315 003.055 563.154 855.87
EBIT364.40545.76146.63784.87263.42
Net earnings233.27407.32109.33598.78207.49
Shareholders equity total663.281 070.601 179.931 778.711 486.20
Balance sheet total (assets)1 648.546 781.042 665.592 885.962 391.74
Net debt- 447.33-2 181.55- 350.14- 321.57-1 211.48
Profitability
EBIT-%
ROA22.3 %12.9 %3.1 %28.3 %10.1 %
ROE34.7 %47.0 %9.7 %40.5 %12.7 %
ROI47.5 %55.9 %12.6 %47.5 %14.0 %
Economic value added (EVA)227.13413.77177.12568.41148.69
Solvency
Equity ratio40.2 %15.8 %44.3 %61.6 %62.1 %
Gearing22.3 %5.9 %0.3 %18.8 %13.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.21.82.52.5
Current ratio1.61.21.82.52.5
Cash and cash equivalents595.112 244.93353.15655.801 406.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.1%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.1%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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