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BRINKMANN VVS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BRINKMANN VVS ApS
BRINKMANN VVS ApS (CVR number: 31166144) is a company from MIDDELFART. The company reported a net sales of 0.8 mDKK in 2024, demonstrating a decline of -22.9 % compared to the previous year. The operating profit percentage was at 3.8 % (EBIT: 0 mDKK), while net earnings were 21.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent and Return on Equity (ROE) was 5.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 74.7 %, 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. BRINKMANN VVS ApS's liquidity measured by quick ratio was 3.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | -1 258.74 | 1 258.67 | 1 083.07 | 835.41 | |
| Gross profit | -1 258.74 | 1 258.67 | 1 083.07 | 573.75 | |
| EBIT | -80.41 | -10.69 | 312.58 | 236.34 | 32.09 |
| Net earnings | -66.11 | -16.96 | -20.83 | 7.14 | 21.92 |
| Shareholders equity total | 356.34 | 375.86 | 396.68 | 420.74 | 442.66 |
| Balance sheet total (assets) | 811.24 | 773.23 | 620.40 | 675.23 | 592.67 |
| Net debt | 8.53 | 112.41 | 92.74 | -88.82 | |
| Profitability | |||||
| EBIT-% | 24.8 % | 21.8 % | 3.8 % | ||
| ROA | -9.9 % | -1.3 % | 44.9 % | 36.5 % | 5.1 % |
| ROE | -18.6 % | -4.6 % | -5.4 % | 1.7 % | 5.1 % |
| ROI | -22.0 % | -2.5 % | 70.6 % | 51.9 % | 6.7 % |
| Economic value added (EVA) | -98.75 | -29.02 | 288.05 | 216.41 | 6.29 |
| Solvency | |||||
| Equity ratio | 43.9 % | 48.6 % | 63.9 % | 62.3 % | 74.7 % |
| Gearing | 2.4 % | 29.9 % | 22.0 % | ||
| Relative net indebtedness % | -36.1 % | 17.8 % | 23.5 % | 7.3 % | |
| Liquidity | |||||
| Quick ratio | 1.2 | 1.5 | 2.3 | 2.2 | 3.5 |
| Current ratio | 1.4 | 1.7 | 2.6 | 2.5 | 4.0 |
| Cash and cash equivalents | 88.82 | ||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | - 133.0 | 58.6 | 61.8 | 71.3 | |
| Net working capital % | -13.9 % | 27.8 % | 34.6 % | 53.0 % | |
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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