BRORSEN & CO ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BRORSEN & CO ApS
BRORSEN & CO ApS (CVR number: 25652096) is a company from KØBENHAVN. The company recorded a gross profit of 7.6 kDKK in 2023, demonstrating a decline of -93.1 % compared to the previous year. The operating profit was -523.2 kDKK, while net earnings were -775.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -139 %, which can be considered poor and Return on Equity (ROE) was -149.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. BRORSEN & CO ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 312.75 | 174.21 | |||
Gross profit | -75.25 | 239.48 | 109.74 | 7.59 | |
EBIT | -75.25 | 82.09 | 50.76 | 108.74 | - 523.21 |
Net earnings | 250.99 | 82.20 | - 336.92 | -13.04 | - 775.08 |
Shareholders equity total | 1 475.24 | 1 457.45 | 1 070.53 | 1 007.49 | 26.34 |
Balance sheet total (assets) | 1 626.68 | 1 715.15 | 1 235.09 | 1 084.47 | 99.66 |
Net debt | - 155.89 | - 353.06 | - 262.67 | - 183.30 | -20.44 |
Profitability | |||||
EBIT-% | 26.2 % | 62.4 % | |||
ROA | 15.3 % | 5.8 % | -22.0 % | 1.2 % | -139.0 % |
ROE | 18.6 % | 5.6 % | -26.7 % | -1.3 % | -149.9 % |
ROI | 17.0 % | 6.6 % | -25.6 % | 1.4 % | -159.2 % |
Economic value added (EVA) | -50.69 | 101.54 | 99.29 | 107.91 | - 461.17 |
Solvency | |||||
Equity ratio | 90.7 % | 85.0 % | 86.7 % | 92.9 % | 26.4 % |
Gearing | |||||
Relative net indebtedness % | -30.5 % | -61.0 % | |||
Liquidity | |||||
Quick ratio | 2.5 | 1.7 | 2.1 | 3.7 | 1.4 |
Current ratio | 2.5 | 1.7 | 2.1 | 3.7 | 1.4 |
Cash and cash equivalents | 155.89 | 353.06 | 262.67 | 183.30 | 20.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 93.4 | 184.6 | |||
Net working capital % | 60.5 % | 119.4 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | B |
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