Broadcast Europe ApS — Credit Rating and Financial Key Figures

CVR number: 28318332
Farverhus 101, 6200 Aabenraa

Company information

Official name
Broadcast Europe ApS
Personnel
3 persons
Established
2004
Company form
Private limited company
Industry

About Broadcast Europe ApS

Broadcast Europe ApS (CVR number: 28318332) is a company from AABENRAA. The company recorded a gross profit of 2324.7 kDKK in 2023. The operating profit was 440.1 kDKK, while net earnings were 323.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 15.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.3 %, 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. Broadcast Europe ApS'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 329.112 323.131 867.912 531.942 324.73
EBIT120.70811.7615.18825.48440.07
Net earnings82.32621.7438.20617.01323.09
Shareholders equity total942.751 499.491 479.002 096.012 169.11
Balance sheet total (assets)1 766.512 248.213 544.033 555.783 400.50
Net debt-31.28- 152.93- 116.54-8.81391.42
Profitability
EBIT-%
ROA7.2 %40.5 %1.0 %23.8 %12.8 %
ROE9.1 %50.9 %2.6 %34.5 %15.2 %
ROI10.3 %57.8 %1.9 %45.0 %18.5 %
Economic value added (EVA)39.51580.24-53.72579.00230.57
Solvency
Equity ratio69.3 %79.3 %67.2 %69.4 %67.3 %
Gearing23.1 %10.3 %6.7 %3.9 %20.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.80.90.50.2
Current ratio2.23.21.72.42.7
Cash and cash equivalents248.61307.35215.8091.4155.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.3%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.