Busse Radio ApS — Credit Rating and Financial Key Figures

CVR number: 26351626
Digtervænget 3, 8400 Ebeltoft
tel: 86344476
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Company information

Official name
Busse Radio ApS
Established
2001
Company form
Private limited company
Industry

About Busse Radio ApS

Busse Radio ApS (CVR number: 26351626) is a company from SYDDJURS. The company recorded a gross profit of -53.2 kDKK in 2023. The operating profit was -53.2 kDKK, while net earnings were -50.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.7 %, which can be considered poor and Return on Equity (ROE) was -4.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Busse Radio ApS's liquidity measured by quick ratio was 60.9 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 profit-90.80-46.30-17.58-13.99-53.18
EBIT- 103.98-69.87-17.58-13.99-53.18
Net earnings- 110.01- 166.03-23.70-19.49-50.86
Shareholders equity total1 661.301 384.671 247.961 114.08945.41
Balance sheet total (assets)1 677.811 398.771 264.771 132.46961.01
Net debt-1 622.31-1 379.78-1 252.83-1 120.52- 949.07
Profitability
EBIT-%
ROA-5.8 %-2.8 %-1.1 %-1.0 %-4.7 %
ROE-6.2 %-10.9 %-1.8 %-1.7 %-4.9 %
ROI-5.8 %-2.8 %-1.1 %-1.0 %-4.8 %
Economic value added (EVA)- 110.79-71.76-17.75-13.68-52.78
Solvency
Equity ratio99.0 %99.0 %98.7 %98.4 %98.4 %
Gearing0.1 %0.1 %0.1 %0.1 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio98.398.474.661.060.9
Current ratio98.998.474.661.060.9
Cash and cash equivalents1 623.751 381.221 254.271 121.96950.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-4.75%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.4%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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