Bulk Fiber Networks Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 40713476
Hørkær 12 A, 2730 Herlev

Credit rating

Company information

Official name
Bulk Fiber Networks Denmark ApS
Established
2019
Company form
Private limited company
Industry
  • Expand more icon61Telecommunications

About Bulk Fiber Networks Denmark ApS

Bulk Fiber Networks Denmark ApS (CVR number: 40713476) is a company from HERLEV. The company recorded a gross profit of -210.3 kDKK in 2023. The operating profit was -2587.4 kDKK, while net earnings were -8561.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -18.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Bulk Fiber Networks Denmark ApS's liquidity measured by quick ratio was 0.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit-69.96- 712.00-1 451.05- 210.33
EBIT-93.26-1 639.02-3 942.19-2 587.43
Net earnings- 197.15-2 860.45-8 408.07-8 561.42
Shareholders equity total2.85-2 857.60-11 265.6715 172.91
Balance sheet total (assets)11 134.5357 278.5778 564.4274 758.84
Net debt9 812.5544 220.5678 489.4245 802.86
Profitability
EBIT-%
ROA-0.8 %-4.1 %-5.2 %-2.8 %
ROE-6922.5 %-10.0 %-12.4 %-18.3 %
ROI-0.9 %-4.9 %-5.8 %-3.0 %
Economic value added (EVA)- 133.48-1 598.01-3 499.88-1 692.19
Solvency
Equity ratio0.0 %-4.8 %-12.5 %20.3 %
Gearing349992.2 %-1755.5 %-754.9 %370.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.10.2
Current ratio0.30.20.10.2
Cash and cash equivalents155.235 944.686 549.9210 439.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-2.83%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.3%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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