Birkegaard Holding Ribe ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Birkegaard Holding Ribe ApS
Birkegaard Holding Ribe ApS (CVR number: 38641263) is a company from ESBJERG. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a growth of 163.7 % compared to the previous year. The operating profit percentage was at 94 % (EBIT: 0.2 mDKK), while net earnings were 243.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.3 %, which can be considered excellent and Return on Equity (ROE) was 41.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Birkegaard Holding Ribe ApS's liquidity measured by quick ratio was 3.3 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 | 500.00 | 130.00 | 100.00 | 263.66 | |
Gross profit | -7.00 | 471.00 | 112.00 | 78.00 | 247.74 |
EBIT | -7.00 | 471.00 | 112.00 | 78.00 | 247.74 |
Net earnings | -6.00 | 439.00 | 107.00 | 91.00 | 243.47 |
Shareholders equity total | 30.00 | 415.00 | 465.00 | 499.00 | 684.07 |
Balance sheet total (assets) | 198.00 | 680.00 | 711.00 | 725.00 | 964.30 |
Net debt | 16.00 | - 372.00 | - 395.00 | - 406.00 | - 599.22 |
Profitability | |||||
EBIT-% | 94.2 % | 86.2 % | 78.0 % | 94.0 % | |
ROA | -5.6 % | 107.3 % | 16.1 % | 10.9 % | 29.3 % |
ROE | -18.2 % | 197.3 % | 24.3 % | 18.9 % | 41.2 % |
ROI | -15.4 % | 144.5 % | 17.1 % | 11.6 % | 32.5 % |
Economic value added (EVA) | -5.30 | 472.00 | 128.60 | 108.09 | 258.10 |
Solvency | |||||
Equity ratio | 15.2 % | 61.0 % | 65.4 % | 68.8 % | 70.9 % |
Gearing | 53.3 % | 46.0 % | 50.8 % | 29.9 % | 28.2 % |
Relative net indebtedness % | -59.6 % | -296.2 % | -329.0 % | -194.1 % | |
Liquidity | |||||
Quick ratio | 0.9 | 2.4 | 2.7 | 2.9 | 3.3 |
Current ratio | 0.9 | 2.4 | 2.7 | 2.9 | 3.3 |
Cash and cash equivalents | 563.00 | 631.00 | 555.00 | 792.11 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 73.0 % | 319.2 % | 438.0 % | 240.5 % | |
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
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