DRONNINGLUND BRUGSFORENING — Credit Rating and Financial Key Figures

CVR number: 31026318
Slotsgade 25, 9330 Dronninglund

Credit rating

Company information

Official name
DRONNINGLUND BRUGSFORENING
Personnel
41 persons
Established
1999
Industry

About DRONNINGLUND BRUGSFORENING

DRONNINGLUND BRUGSFORENING (CVR number: 31026318) is a company from Brønderslev. The company recorded a gross profit of 5818 kDKK in 2024. The operating profit was -2098.3 kDKK, while net earnings were -1571.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12 %, which can be considered poor and Return on Equity (ROE) was -33.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.2 %, 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. DRONNINGLUND BRUGSFORENING's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit9 288.009 716.008 048.007 514.635 818.05
EBIT- 392.00-85.00-2 262.00-3 463.84-2 098.30
Net earnings59.00270.00-2 309.00-2 808.80-1 571.64
Shareholders equity total10 278.0010 558.008 278.005 486.713 926.27
Balance sheet total (assets)18 225.0018 142.0016 571.0013 941.1511 836.00
Net debt-2 913.95-49.96
Profitability
EBIT-%
ROA-2.2 %-0.5 %-13.0 %-18.1 %-12.0 %
ROE0.6 %2.6 %-24.5 %-40.8 %-33.4 %
ROI-2.2 %-0.5 %-13.0 %-25.0 %-32.8 %
Economic value added (EVA)- 904.70- 601.47-2 792.54-3 879.81-2 214.39
Solvency
Equity ratio100.0 %100.0 %100.0 %39.4 %33.2 %
Gearing0.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.3
Current ratio0.90.8
Cash and cash equivalents2 913.9558.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-12.0%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.2%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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