Brande1 ApS — Credit Rating and Financial Key Figures

CVR number: 40907289
Solevadvej 18, Solevad 5690 Tommerup

Credit rating

Company information

Official name
Brande1 ApS
Established
2019
Domicile
Solevad
Company form
Private limited company
Industry

About Brande1 ApS

Brande1 ApS (CVR number: 40907289) is a company from ASSENS. The company recorded a gross profit of 63.1 kDKK in 2023. The operating profit was 63.1 kDKK, while net earnings were 42.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 32.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Brande1 ApS'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
2020
2021
2022
2023
Volume
Net sales
Gross profit0.6761.8351.5563.15
EBIT0.6761.8351.5563.15
Net earnings-1.6540.1630.8142.37
Shareholders equity total38.3578.51109.32151.69
Balance sheet total (assets)1 077.811 140.621 074.181 063.12
Net debt986.58945.13912.72877.18
Profitability
EBIT-%
ROA0.1 %5.6 %4.7 %5.9 %
ROE-4.3 %68.7 %32.8 %32.5 %
ROI0.1 %5.8 %4.8 %6.1 %
Economic value added (EVA)0.6747.0837.8744.36
Solvency
Equity ratio3.6 %6.9 %10.2 %14.3 %
Gearing2613.3 %1303.6 %845.7 %578.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.00.0
Current ratio0.00.10.00.0
Cash and cash equivalents15.5878.3811.830.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:5.91%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.3%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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