BEST FRIEND DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 25622588
Birkegårdsvej 3, 8361 Hasselager
tel: 70204052

Credit rating

Company information

Official name
BEST FRIEND DANMARK A/S
Personnel
16 persons
Established
2000
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About BEST FRIEND DANMARK A/S

BEST FRIEND DANMARK A/S (CVR number: 25622588) is a company from AARHUS. The company reported a net sales of 129.1 mDKK in 2023, demonstrating a growth of 5 % compared to the previous year. The operating profit percentage was at 3.6 % (EBIT: 4.6 mDKK), while net earnings were 3446 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 17.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. BEST FRIEND DANMARK A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales97.4197.84107.71122.90129.05
Gross profit7.048.328.924.5212.43
EBIT1.321.672.22-3.704.62
Net earnings0.781.572.98-2.143.45
Shareholders equity total30.7031.8935.2532.5236.17
Balance sheet total (assets)102.13145.11167.77179.79204.97
Net debt115.20146.73
Profitability
EBIT-%1.4 %1.7 %2.1 %-3.0 %3.6 %
ROA1.8 %1.3 %1.4 %0.1 %5.8 %
ROE2.6 %5.0 %8.9 %-6.3 %10.0 %
ROI1.9 %1.3 %1.4 %0.1 %6.7 %
Economic value added (EVA)-0.180.120.62-4.661.94
Solvency
Equity ratio100.0 %100.0 %100.0 %18.1 %17.6 %
Gearing354.2 %405.9 %
Relative net indebtedness %119.8 %130.7 %
Liquidity
Quick ratio0.91.1
Current ratio1.21.2
Cash and cash equivalents0.08
Capital use efficiency
Trade debtors turnover (days)22.124.0
Net working capital %21.2 %22.7 %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:5.77%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.6%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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