BUSINESS GROUP OF EUROPE ApS — Credit Rating and Financial Key Figures

CVR number: 18032384
Nordvesthavnsvej 22, 6400 Sønderborg
bk@milcon.dk
tel: 20475333

Credit rating

Company information

Official name
BUSINESS GROUP OF EUROPE ApS
Established
1994
Company form
Private limited company
Industry

About BUSINESS GROUP OF EUROPE ApS

BUSINESS GROUP OF EUROPE ApS (CVR number: 18032384) is a company from SØNDERBORG. The company recorded a gross profit of -15.1 kDKK in 2024. The operating profit was -15.1 kDKK, while net earnings were 800.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.1 %, which can be considered excellent and Return on Equity (ROE) was 51.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. BUSINESS GROUP OF 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-2.00-3.00-18.00-25.00-15.13
EBIT-2.00-3.00-18.00-25.00-15.13
Net earnings-97.002 256.00687.001 143.00800.11
Shareholders equity total- 329.00- 420.00268.001 411.001 711.04
Balance sheet total (assets)4 344.004 445.005 332.006 838.006 518.94
Net debt- 237.00- 234.00- 216.00-2 093.00- 461.12
Profitability
EBIT-%
ROA1.9 %51.3 %15.8 %32.3 %20.1 %
ROE-2.3 %51.3 %29.2 %136.2 %51.3 %
ROI600.0 %227.9 %81.4 %
Economic value added (EVA)9.6513.538.33-31.22-83.85
Solvency
Equity ratio-7.0 %-8.6 %5.0 %20.6 %26.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.10.40.2
Current ratio0.10.00.10.40.2
Cash and cash equivalents237.00234.00216.002 093.00461.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:20.1%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.2%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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