BLIKKENSLAGER-VVS BRINKMANN & JACOBSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BLIKKENSLAGER-VVS BRINKMANN & JACOBSEN ApS
BLIKKENSLAGER-VVS BRINKMANN & JACOBSEN ApS (CVR number: 31166144) is a company from MIDDELFART. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a decline of -14 % compared to the previous year. The operating profit percentage was at 21.8 % (EBIT: 0.2 mDKK), while net earnings were 7.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.5 %, which can be considered excellent but Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 62.3 %, 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. BLIKKENSLAGER-VVS BRINKMANN & JACOBSEN ApS's liquidity measured by quick ratio was 2.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | -1 258.74 | -1 258.74 | 1 258.67 | 1 083.07 | |
Gross profit | -1 258.74 | -1 258.74 | 1 258.67 | 1 083.07 | |
EBIT | -80.41 | -80.41 | -10.69 | 312.58 | 236.34 |
Net earnings | -66.11 | -66.11 | -16.96 | -20.83 | 7.14 |
Shareholders equity total | 356.34 | 356.34 | 375.86 | 396.68 | 420.74 |
Balance sheet total (assets) | 811.24 | 811.24 | 773.23 | 620.40 | 675.23 |
Net debt | 8.53 | 8.53 | 112.41 | 92.74 | |
Profitability | |||||
EBIT-% | 24.8 % | 21.8 % | |||
ROA | -11.1 % | -9.9 % | -1.3 % | 44.9 % | 36.5 % |
ROE | -20.4 % | -18.6 % | -4.6 % | -5.4 % | 1.7 % |
ROI | -19.8 % | -22.0 % | -2.5 % | 70.6 % | 51.9 % |
Economic value added (EVA) | -95.00 | -98.32 | -28.59 | 293.70 | 216.41 |
Solvency | |||||
Equity ratio | 43.9 % | 43.9 % | 48.6 % | 63.9 % | 62.3 % |
Gearing | 2.4 % | 2.4 % | 29.9 % | 22.0 % | |
Relative net indebtedness % | -36.1 % | -36.1 % | 17.8 % | 23.5 % | |
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | 1.5 | 2.3 | 2.2 |
Current ratio | 1.4 | 1.4 | 1.7 | 2.6 | 2.5 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | - 133.0 | - 133.0 | 58.6 | 61.8 | |
Net working capital % | -13.9 % | -13.9 % | 27.8 % | 34.6 % | |
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BBB |
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