Broadcast Europe ApS — Credit Rating and Financial Key Figures

CVR number: 28318332
Farverhus 101, 6200 Aabenraa

Credit rating

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 1693 kDKK in 2024. The operating profit was 89.3 kDKK, while net earnings were 54.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 74.3 %, 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 0.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 323.131 867.912 531.942 324.731 692.99
EBIT811.7615.18825.48440.0789.33
Net earnings621.7438.20617.01323.0954.16
Shareholders equity total1 499.491 479.002 096.012 169.112 223.27
Balance sheet total (assets)2 248.213 544.033 555.783 400.503 296.39
Net debt- 152.93- 116.54-8.81391.42-25.66
Profitability
EBIT-%
ROA40.5 %1.0 %23.8 %12.8 %2.9 %
ROE50.9 %2.6 %34.5 %15.2 %2.5 %
ROI57.8 %1.9 %45.0 %18.5 %3.9 %
Economic value added (EVA)564.58-72.33564.58221.82-58.51
Solvency
Equity ratio79.3 %67.2 %69.4 %67.3 %74.3 %
Gearing10.3 %6.7 %3.9 %20.6 %3.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.80.90.50.20.4
Current ratio3.21.72.42.73.1
Cash and cash equivalents307.35215.8091.4155.50112.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:2.85%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.3%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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