NØRREGADE 23, BRAMMING ApS — Credit Rating and Financial Key Figures

CVR number: 28497148
Golfvej 27, 6715 Esbjerg N

Credit rating

Company information

Official name
NØRREGADE 23, BRAMMING ApS
Established
2005
Company form
Private limited company
Industry

About NØRREGADE 23, BRAMMING ApS

NØRREGADE 23, BRAMMING ApS (CVR number: 28497148) is a company from ESBJERG. The company recorded a gross profit of -64.2 kDKK in 2023. The operating profit was -64.2 kDKK, while net earnings were -50 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -3.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NØRREGADE 23, BRAMMING ApS'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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-84.24-83.89-81.98-83.38-64.19
EBIT-84.24-83.89-81.98-83.38-64.19
Net earnings-65.88-65.59-64.02-65.05-50.05
Shareholders equity total1 737.861 672.271 608.251 543.191 493.14
Balance sheet total (assets)2 110.862 131.272 127.252 183.752 233.71
Net debt330.87414.96509.54592.94657.11
Profitability
EBIT-%
ROA-4.0 %-4.0 %-3.8 %-3.9 %-2.9 %
ROE-3.7 %-3.8 %-3.9 %-4.1 %-3.3 %
ROI-4.0 %-4.0 %-3.8 %-3.9 %-2.9 %
Economic value added (EVA)- 154.21- 150.64- 145.76- 145.38- 125.22
Solvency
Equity ratio82.3 %78.5 %75.6 %70.7 %66.8 %
Gearing21.5 %27.4 %32.3 %41.5 %49.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.30.30.3
Current ratio0.40.40.30.30.3
Cash and cash equivalents42.1344.049.4647.6283.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-2.91%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.8%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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