BRINK DEVELOPMENT ApS — Credit Rating and Financial Key Figures

CVR number: 28495617
Kaholt 2, 6200 Aabenraa

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 reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -41.2 % compared to the previous year. The operating profit percentage was poor at -74.5 % (EBIT: -0 mDKK), while net earnings were 120.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.1 %, which can be considered excellent but Return on Equity (ROE) was 14.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.2 %, 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 55.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales162.49149.5279.3791.5053.80
Gross profit122.53113.5243.3755.5017.80
EBIT7.0047.50-0.0222.75-40.10
Net earnings-0.72111.73-1.1873.13120.57
Shareholders equity total779.82891.55790.37806.30867.97
Balance sheet total (assets)883.02923.26790.37824.58884.02
Net debt- 840.70- 923.26- 777.92- 814.89- 826.77
Profitability
EBIT-%4.3 %31.8 %-0.0 %24.9 %-74.5 %
ROA-0.1 %15.9 %-0.2 %11.6 %18.1 %
ROE-0.1 %13.4 %-0.1 %9.2 %14.4 %
ROI-0.1 %17.1 %-0.2 %11.7 %18.5 %
Economic value added (EVA)21.0073.0534.4850.61-0.29
Solvency
Equity ratio88.3 %96.6 %100.0 %97.8 %98.2 %
Gearing
Relative net indebtedness %-453.9 %-596.3 %-980.1 %-870.6 %-1506.9 %
Liquidity
Quick ratio8.429.145.155.1
Current ratio8.429.145.155.1
Cash and cash equivalents840.70923.26777.92814.89826.77
Capital use efficiency
Trade debtors turnover (days)69.5388.4
Net working capital %179.8 %62.7 %22.9 %64.6 %140.3 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:18.1%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.2%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.