BIRNES ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BIRNES ApS
BIRNES ApS (CVR number: 17208675) is a company from SORØ. The company recorded a gross profit of -41 kDKK in 2024. The operating profit was -103.5 kDKK, while net earnings were -81.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.4 %, which can be considered poor and Return on Equity (ROE) was -20.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.8 %, 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. BIRNES ApS's liquidity measured by quick ratio was 7.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 348.65 | 845.72 | 87.29 | 26.58 | -41.04 |
EBIT | - 234.06 | 445.68 | 8.42 | -52.72 | - 103.54 |
Net earnings | - 219.73 | 278.27 | -6.69 | -42.79 | -81.57 |
Shareholders equity total | 204.33 | 482.60 | 475.91 | 433.11 | 351.54 |
Balance sheet total (assets) | 1 607.38 | 797.39 | 870.08 | 724.53 | 551.37 |
Net debt | 764.07 | 149.39 | 287.98 | 208.44 | 177.45 |
Profitability | |||||
EBIT-% | |||||
ROA | -12.9 % | 37.3 % | 2.2 % | -4.2 % | -13.4 % |
ROE | -192.4 % | 81.0 % | -1.4 % | -9.4 % | -20.8 % |
ROI | -19.4 % | 49.7 % | 2.4 % | -4.7 % | -14.4 % |
Economic value added (EVA) | - 251.28 | 294.67 | -31.09 | -80.25 | - 113.62 |
Solvency | |||||
Equity ratio | 12.7 % | 60.5 % | 54.7 % | 59.8 % | 63.8 % |
Gearing | 402.1 % | 37.2 % | 60.6 % | 49.3 % | 52.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 3.4 | 3.0 | 4.6 | 7.2 |
Current ratio | 0.7 | 3.4 | 3.0 | 4.6 | 7.2 |
Cash and cash equivalents | 57.44 | 30.26 | 0.21 | 4.93 | 5.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BB |
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