BRINK DEVELOPMENT ApS — Credit Rating and Financial Key Figures

CVR number: 28495617
Kaholt 2, 6200 Aabenraa
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Credit rating

Company information

Official name
BRINK DEVELOPMENT ApS
Personnel
1 person
Established
2005
Company form
Private limited company
Industry

About BRINK DEVELOPMENT ApS

BRINK DEVELOPMENT ApS (CVR number: 28495617) is a company from AABENRAA. The company recorded a gross profit of 51 kDKK in 2024, demonstrating a growth of 186.2 % compared to the previous year. The operating profit was -13.4 kDKK, while net earnings were -153.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.3 %, which can be considered poor and Return on Equity (ROE) was -20.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BRINK DEVELOPMENT ApS's liquidity measured by quick ratio was 40.6 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales149.5279.3791.5053.80
Gross profit113.5243.3755.5017.8050.95
EBIT47.50-0.0222.75-40.10-13.41
Net earnings111.73-1.1873.13120.57- 153.46
Shareholders equity total891.55790.37806.30867.97654.51
Balance sheet total (assets)923.26790.37824.58884.02671.04
Net debt- 923.26- 777.92- 814.89- 826.77- 618.62
Profitability
EBIT-%31.8 %-0.0 %24.9 %-74.5 %
ROA15.9 %-0.2 %11.6 %18.1 %-25.3 %
ROE13.4 %-0.1 %9.2 %14.4 %-20.2 %
ROI17.1 %-0.2 %11.7 %18.5 %-25.8 %
Economic value added (EVA)-2.14-44.82-21.97-71.80-54.07
Solvency
Equity ratio96.6 %100.0 %97.8 %98.2 %97.5 %
Gearing
Relative net indebtedness %-596.3 %-980.1 %-870.6 %-1506.9 %
Liquidity
Quick ratio29.145.155.140.6
Current ratio29.145.155.140.6
Cash and cash equivalents923.26777.92814.89826.77618.62
Capital use efficiency
Trade debtors turnover (days)388.4
Net working capital %62.7 %22.9 %64.6 %140.3 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-25.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.5%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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