BULLGOOD A/S — Credit Rating and Financial Key Figures

CVR number: 28659881
Niels W. Gades Vej 9, 8000 Aarhus C
poul@thyregod.dk
tel: 21860000

Company information

Official name
BULLGOOD A/S
Established
2006
Company form
Limited company
Industry

About BULLGOOD A/S

BULLGOOD A/S (CVR number: 28659881) is a company from AARHUS. The company recorded a gross profit of -15.4 kDKK in 2023. The operating profit was -15.4 kDKK, while net earnings were 5613.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent and Return on Equity (ROE) was 6.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 37.8 %, 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. BULLGOOD A/S's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit15.694.27-0.90-13.79-15.44
EBIT15.694.27-0.90-13.79-15.44
Net earnings10 332.1111 274.9120 745.3723 737.305 613.27
Shareholders equity total31 505.8539 240.0359 963.2083 606.4689 254.68
Balance sheet total (assets)69 946.63102 967.90125 152.72147 066.79236 303.17
Net debt38 104.8962 891.6260 836.4861 179.16144 812.89
Profitability
EBIT-%
ROA18.2 %14.1 %19.4 %18.7 %4.3 %
ROE39.2 %31.9 %41.8 %33.1 %6.5 %
ROI18.2 %14.2 %19.8 %19.1 %4.3 %
Economic value added (EVA)2 447.663 385.774 032.504 950.415 938.75
Solvency
Equity ratio45.0 %38.1 %47.9 %56.8 %37.8 %
Gearing121.1 %160.4 %101.6 %73.9 %163.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents58.2650.7156.78597.91695.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.26%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.8%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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