Brain2Business ApS — Credit Rating and Financial Key Figures

CVR number: 39201224
Vesterbrogade 26, 1620 København V
anna@brain2business.dk
tel: 29612247
http://brain2business.dk/

Credit rating

Company information

Official name
Brain2Business ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales- 174.1063.54560.82
Gross profit- 142.3782.39433.87545.62465.11
EBIT142.3782.39103.5554.97-26.51
Net earnings- 106.5462.9078.1141.49-27.99
Shareholders equity total27.8890.78161.99203.48175.50
Balance sheet total (assets)233.45273.05412.70439.15321.97
Net debt-67.87-88.08- 158.05- 299.07- 140.28
Profitability
EBIT-%129.7 %18.5 %
ROA58.2 %32.5 %30.2 %12.9 %-6.9 %
ROE-131.3 %106.0 %61.8 %22.7 %-14.8 %
ROI175.4 %76.1 %40.0 %16.5 %-9.3 %
Economic value added (EVA)108.1465.3885.4050.86-15.07
Solvency
Equity ratio11.9 %33.2 %39.3 %46.3 %54.5 %
Gearing107.9 %103.1 %64.9 %30.5 %
Relative net indebtedness %-79.1 %-6.0 %-13.2 %
Liquidity
Quick ratio1.11.51.61.92.2
Current ratio1.11.51.61.92.2
Cash and cash equivalents67.87186.06325.02431.15193.72
Capital use efficiency
Trade debtors turnover (days)-23.5283.647.3
Net working capital %-6.4 %132.4 %28.9 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-6.89%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.5%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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