BRAMS SIDEVEJ A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BRAMS SIDEVEJ A/S
BRAMS SIDEVEJ A/S (CVR number: 28993749) is a company from GLADSAXE. The company reported a net sales of 11.3 mDKK in 2023, demonstrating a growth of -231.1 % compared to the previous year. The operating profit percentage was at 99.8 % (EBIT: 11.3 mDKK), while net earnings were 11.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good and Return on Equity (ROE) was 9.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BRAMS SIDEVEJ 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 40 433.82 | 9 171.10 | 13 918.34 | -8 603.97 | 11 282.06 |
Gross profit | 40 416.91 | 9 154.91 | 13 902.90 | -8 620.65 | 11 265.01 |
EBIT | 40 416.91 | 9 154.91 | 13 902.90 | -8 620.65 | 11 265.01 |
Net earnings | 40 529.73 | 9 276.15 | 14 210.36 | -8 655.57 | 11 756.41 |
Shareholders equity total | 103 928.00 | 113 208.70 | 127 362.57 | 116 706.99 | 124 463.40 |
Balance sheet total (assets) | 103 968.49 | 113 251.16 | 127 507.99 | 116 888.36 | 124 750.09 |
Net debt | -60.38 | -46.26 | 35.14 | 134.58 | 158.96 |
Profitability | |||||
EBIT-% | 100.0 % | 99.8 % | 99.9 % | 99.8 % | |
ROA | 48.5 % | 8.6 % | 11.9 % | -6.9 % | 9.8 % |
ROE | 48.5 % | 8.5 % | 11.8 % | -7.1 % | 9.7 % |
ROI | 48.6 % | 8.6 % | 11.9 % | -6.9 % | 9.8 % |
Economic value added (EVA) | 42 978.36 | 13 742.72 | 18 889.38 | -2 873.35 | 16 318.48 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 99.9 % | 99.8 % | 99.8 % |
Gearing | 0.0 % | 0.0 % | 0.0 % | 0.1 % | 0.1 % |
Relative net indebtedness % | -0.1 % | -0.2 % | 0.9 % | -1.8 % | 2.4 % |
Liquidity | |||||
Quick ratio | 139.2 | 136.6 | 0.1 | 0.2 | 0.1 |
Current ratio | 139.2 | 136.6 | 0.1 | 0.2 | 0.1 |
Cash and cash equivalents | 86.87 | 57.58 | 17.42 | 30.79 | 14.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 13.8 % | 62.8 % | -0.9 % | 1.7 % | -2.4 % |
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
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