BILLES HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BILLES HOLDING ApS
BILLES HOLDING ApS (CVR number: 33357621) is a company from KOLDING. The company recorded a gross profit of -8.8 kDKK in 2023. The operating profit was -8.8 kDKK, while net earnings were 98.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.5 %, which can be considered excellent but Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 87.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BILLES HOLDING ApS's liquidity measured by quick ratio was 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.38 | -5.44 | -5.67 | -6.44 | -8.75 |
EBIT | -5.38 | -5.44 | -5.67 | -6.44 | -8.75 |
Net earnings | 540.62 | 707.88 | 82.94 | - 258.51 | 98.09 |
Shareholders equity total | 1 230.81 | 1 828.09 | 1 797.78 | 1 424.87 | 1 405.16 |
Balance sheet total (assets) | 1 264.97 | 1 942.49 | 2 137.05 | 1 607.03 | 1 611.46 |
Net debt | - 423.11 | - 130.89 | - 442.80 | - 426.34 | - 252.19 |
Profitability | |||||
EBIT-% | |||||
ROA | 49.0 % | 46.6 % | 11.5 % | 3.7 % | 24.5 % |
ROE | 53.3 % | 46.3 % | 4.6 % | -16.0 % | 6.9 % |
ROI | 52.9 % | 48.4 % | 12.4 % | 4.1 % | 27.7 % |
Economic value added (EVA) | 4.11 | 6.62 | -37.11 | -6.77 | -54.68 |
Solvency | |||||
Equity ratio | 97.3 % | 94.1 % | 84.1 % | 88.7 % | 87.2 % |
Gearing | 2.4 % | 9.4 % | 0.9 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 13.2 | 2.9 | 1.9 | 3.3 | 2.0 |
Current ratio | 13.2 | 2.9 | 1.9 | 3.3 | 2.0 |
Cash and cash equivalents | 452.27 | 130.89 | 611.45 | 438.82 | 252.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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