Bullpositions ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Bullpositions ApS
Bullpositions ApS (CVR number: 37803596) is a company from RUDERSDAL. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a decline of -24.3 % compared to the previous year. The operating profit percentage was poor at -20.1 % (EBIT: -0.1 mDKK), while net earnings were -86 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.8 %, which can be considered poor and Return on Equity (ROE) was -27 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.8 %, 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. Bullpositions ApS's liquidity measured by quick ratio was 2.7 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 | 738.70 | 667.05 | 684.86 | 629.30 | 476.53 |
Gross profit | 634.91 | 570.63 | 491.34 | 496.38 | 363.23 |
EBIT | 13.40 | 40.80 | 24.08 | 201.30 | -95.98 |
Net earnings | 9.29 | 88.17 | 60.82 | 124.00 | -86.00 |
Shareholders equity total | 188.90 | 277.07 | 237.90 | 361.89 | 275.89 |
Balance sheet total (assets) | 251.38 | 456.13 | 345.08 | 442.64 | 373.81 |
Net debt | - 251.38 | - 456.13 | - 345.08 | - 283.19 | - 189.04 |
Profitability | |||||
EBIT-% | 1.8 % | 6.1 % | 3.5 % | 32.0 % | -20.1 % |
ROA | 5.5 % | 32.5 % | 21.2 % | 52.4 % | -20.8 % |
ROE | 5.0 % | 37.8 % | 23.6 % | 41.3 % | -27.0 % |
ROI | 7.3 % | 49.3 % | 33.0 % | 68.8 % | -26.7 % |
Economic value added (EVA) | 13.45 | 34.94 | 27.64 | 160.60 | - 101.03 |
Solvency | |||||
Equity ratio | 75.1 % | 60.7 % | 68.9 % | 81.8 % | 73.8 % |
Gearing | |||||
Relative net indebtedness % | -25.6 % | -41.5 % | -34.7 % | -32.2 % | -19.1 % |
Liquidity | |||||
Quick ratio | 4.0 | 2.5 | 3.2 | 4.3 | 2.7 |
Current ratio | 4.0 | 2.5 | 3.2 | 4.3 | 2.7 |
Cash and cash equivalents | 251.38 | 456.13 | 345.08 | 283.19 | 189.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 37.9 | 52.8 | |||
Net working capital % | 25.6 % | 16.0 % | 4.0 % | 42.5 % | 34.8 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BB |
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