BR2020 ApS — Credit Rating and Financial Key Figures

CVR number: 41778350
Kielsgaardsvej 20, 8680 Ry

Company information

Official name
BR2020 ApS
Established
2020
Company form
Private limited company
Industry

About BR2020 ApS

BR2020 ApS (CVR number: 41778350) is a company from SKANDERBORG. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of 1060.7 % compared to the previous year. The operating profit percentage was at 93 % (EBIT: 0.1 mDKK), while net earnings were 97.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 70.6 %, which can be considered excellent and Return on Equity (ROE) was 80 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 89.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BR2020 ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales45.849.05105.04
Gross profit31.921.5497.68
EBIT31.921.5497.68
Net earnings31.821.4597.68
Shareholders equity total71.8273.27170.95
Balance sheet total (assets)78.0786.40190.33
Net debt-12.23-4.642.72
Profitability
EBIT-%69.6 %17.0 %93.0 %
ROA40.9 %1.9 %70.6 %
ROE44.3 %2.0 %80.0 %
ROI44.4 %2.0 %73.9 %
Economic value added (EVA)31.924.14101.08
Solvency
Equity ratio92.0 %84.8 %89.8 %
Gearing9.4 %7.7 %
Relative net indebtedness %-13.1 %17.8 %8.5 %
Liquidity
Quick ratio2.00.90.6
Current ratio2.00.90.6
Cash and cash equivalents12.2311.5110.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %13.9 %-13.4 %-8.2 %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:70.6%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.8%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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