BRAINREADER A/S — Credit Rating and Financial Key Figures

CVR number: 33864884
Niels Jernes Vej 10, 9220 Aalborg Øst
tel: 53524749

Company information

Official name
BRAINREADER A/S
Personnel
4 persons
Established
2011
Company form
Limited company
Industry

About BRAINREADER A/S

BRAINREADER A/S (CVR number: 33864884) is a company from AALBORG. The company recorded a gross profit of -2241.3 kDKK in 2023. The operating profit was -7531.5 kDKK, while net earnings were -9157.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -43 %, which can be considered poor and Return on Equity (ROE) was -139.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -56.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. BRAINREADER A/S's liquidity measured by quick ratio was 0.1 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-1 493.74-2 552.95-5 851.08-10 246.67-2 241.29
EBIT-6 906.94-5 848.26-11 860.32-17 194.61-7 531.48
Net earnings-3 378.73-5 201.96-11 804.27-17 374.49-9 157.31
Shareholders equity total7 579.285 316.04- 298.33-6 364.46-15 521.76
Balance sheet total (assets)10 015.947 014.547 048.816 958.376 208.32
Net debt-6 945.70-1 030.024 434.4211 737.6220 608.26
Profitability
EBIT-%
ROA-29.1 %-68.7 %-165.2 %-166.4 %-43.0 %
ROE-60.6 %-80.7 %-190.9 %-248.1 %-139.1 %
ROI-34.3 %-90.7 %-217.4 %-192.8 %-45.8 %
Economic value added (EVA)-5 889.00-5 180.31-11 659.09-16 872.75-7 054.27
Solvency
Equity ratio75.7 %75.8 %-4.1 %1.0 %-56.3 %
Gearing-1875.8 %-192.4 %-132.8 %
Relative net indebtedness %
Liquidity
Quick ratio3.52.01.51.10.1
Current ratio3.52.01.51.10.1
Cash and cash equivalents6 945.701 030.021 161.83506.743.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-43.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-56.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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