Bare Sy ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Bare Sy ApS
Bare Sy ApS (CVR number: 32349595) is a company from ODENSE. The company recorded a gross profit of 4.7 kDKK in 2023. The operating profit was 4.7 kDKK, while net earnings were -37.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -4.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Bare Sy ApS's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 31.22 | 636.98 | 277.56 | 189.31 | 4.70 |
EBIT | 9.22 | 611.71 | 268.44 | 186.05 | 4.70 |
Net earnings | 0.56 | 467.31 | 76.22 | 133.67 | -37.07 |
Shareholders equity total | 100.36 | 567.67 | 643.89 | 777.57 | 740.49 |
Balance sheet total (assets) | 2 465.99 | 5 145.58 | 2 924.24 | 2 636.77 | 1 825.32 |
Net debt | -12.36 | 1 045.76 | 429.45 | 490.71 | 227.06 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.4 % | 16.1 % | 6.7 % | 6.7 % | 0.8 % |
ROE | 0.6 % | 139.9 % | 12.6 % | 18.8 % | -4.9 % |
ROI | 9.2 % | 41.8 % | 12.5 % | 10.7 % | 1.0 % |
Economic value added (EVA) | 4.46 | 472.72 | 241.97 | 130.72 | 2.69 |
Solvency | |||||
Equity ratio | 4.1 % | 11.0 % | 22.0 % | 29.5 % | 40.6 % |
Gearing | 398.5 % | 128.1 % | 157.7 % | 106.3 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.7 | 0.3 | 0.6 | 0.7 |
Current ratio | 1.0 | 1.1 | 1.3 | 1.4 | 1.7 |
Cash and cash equivalents | 12.36 | 1 216.46 | 395.48 | 735.13 | 559.73 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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