Brain2Business ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Brain2Business ApS
Brain2Business ApS (CVR number: 39201224) is a company from KØBENHAVN. The company recorded a gross profit of 465.1 kDKK in 2023. The operating profit was -26.5 kDKK, while net earnings were -28 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.9 %, which can be considered poor and Return on Equity (ROE) was -14.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.5 %, 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. Brain2Business ApS's liquidity measured by quick ratio was 2.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | - 174.10 | 63.54 | 560.82 | ||
Gross profit | - 142.37 | 82.39 | 433.87 | 545.62 | 465.11 |
EBIT | 142.37 | 82.39 | 103.55 | 54.97 | -26.51 |
Net earnings | - 106.54 | 62.90 | 78.11 | 41.49 | -27.99 |
Shareholders equity total | 27.88 | 90.78 | 161.99 | 203.48 | 175.50 |
Balance sheet total (assets) | 233.45 | 273.05 | 412.70 | 439.15 | 321.97 |
Net debt | -67.87 | -88.08 | - 158.05 | - 299.07 | - 140.28 |
Profitability | |||||
EBIT-% | 129.7 % | 18.5 % | |||
ROA | 58.2 % | 32.5 % | 30.2 % | 12.9 % | -6.9 % |
ROE | -131.3 % | 106.0 % | 61.8 % | 22.7 % | -14.8 % |
ROI | 175.4 % | 76.1 % | 40.0 % | 16.5 % | -9.3 % |
Economic value added (EVA) | 108.14 | 65.38 | 85.40 | 50.86 | -15.07 |
Solvency | |||||
Equity ratio | 11.9 % | 33.2 % | 39.3 % | 46.3 % | 54.5 % |
Gearing | 107.9 % | 103.1 % | 64.9 % | 30.5 % | |
Relative net indebtedness % | -79.1 % | -6.0 % | -13.2 % | ||
Liquidity | |||||
Quick ratio | 1.1 | 1.5 | 1.6 | 1.9 | 2.2 |
Current ratio | 1.1 | 1.5 | 1.6 | 1.9 | 2.2 |
Cash and cash equivalents | 67.87 | 186.06 | 325.02 | 431.15 | 193.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | -23.5 | 283.6 | 47.3 | ||
Net working capital % | -6.4 % | 132.4 % | 28.9 % | ||
Credit risk | |||||
Credit rating | B | BBB | BBB | BB | BBB |
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