BRAA INVEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BRAA INVEST A/S
BRAA INVEST A/S (CVR number: 24216802) is a company from ESBJERG. The company recorded a gross profit of -257.5 kDKK in 2023. The operating profit was -1795.4 kDKK, while net earnings were 1031.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 58.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. BRAA INVEST A/S's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 93.23 | 740.46 | 43.30 | - 271.31 | - 257.51 |
EBIT | - 376.91 | 362.69 | - 608.25 | -1 881.14 | -1 795.45 |
Net earnings | 3 701.66 | 6 691.12 | 8 941.40 | 150 391.86 | 1 031.73 |
Shareholders equity total | 35 771.63 | 42 352.75 | 51 184.15 | 47 367.60 | 48 399.33 |
Balance sheet total (assets) | 65 010.95 | 80 381.02 | 93 333.68 | 154 144.27 | 82 256.09 |
Net debt | 28 396.72 | 37 089.17 | 40 510.55 | 18 192.52 | 33 414.97 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.9 % | 10.3 % | 11.1 % | 122.0 % | 2.0 % |
ROE | 10.9 % | 17.1 % | 19.1 % | 305.2 % | 2.2 % |
ROI | 7.0 % | 10.4 % | 11.2 % | 123.8 % | 2.0 % |
Economic value added (EVA) | - 852.03 | - 238.10 | -1 197.59 | -3 491.06 | 757.36 |
Solvency | |||||
Equity ratio | 55.0 % | 52.7 % | 54.9 % | 30.7 % | 58.8 % |
Gearing | 79.8 % | 87.6 % | 79.5 % | 219.1 % | 69.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.0 | 1.2 | 1.3 | 1.6 |
Current ratio | 1.2 | 1.0 | 1.2 | 1.3 | 1.6 |
Cash and cash equivalents | 163.74 | 0.08 | 178.90 | 85 590.74 | 68.22 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | A | BBB | A |
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