Brorsen Smedeservice ApS — Credit Rating and Financial Key Figures

CVR number: 37371254
Herredsvej 17, Nyrup 9600 Aars

Credit rating

Company information

Official name
Brorsen Smedeservice ApS
Personnel
1 person
Established
2016
Domicile
Nyrup
Company form
Private limited company
Industry

About Brorsen Smedeservice ApS

Brorsen Smedeservice ApS (CVR number: 37371254) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 669 kDKK in 2023. The operating profit was 229.2 kDKK, while net earnings were 177 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.7 %, which can be considered excellent and Return on Equity (ROE) was 36.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.5 %, 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. Brorsen Smedeservice ApS's liquidity measured by quick ratio was 3.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit618.56683.64301.55351.39669.04
EBIT214.89243.75-46.56-63.23229.22
Net earnings165.21186.85-41.72-51.59176.97
Shareholders equity total529.96661.51563.29454.50513.67
Balance sheet total (assets)697.51910.50658.76614.10671.47
Net debt- 417.17- 646.51- 365.81- 232.19-49.44
Profitability
EBIT-%
ROA32.4 %30.3 %-5.9 %-9.9 %35.7 %
ROE34.8 %31.4 %-6.8 %-10.1 %36.6 %
ROI42.5 %39.5 %-7.4 %-12.1 %46.1 %
Economic value added (EVA)176.49184.68-36.99-58.77167.99
Solvency
Equity ratio76.0 %72.7 %85.5 %74.0 %76.5 %
Gearing2.1 %1.8 %2.2 %2.9 %2.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.53.75.53.13.1
Current ratio3.53.75.53.13.1
Cash and cash equivalents428.40658.55378.34245.2162.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:35.7%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.5%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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