BRANDE BUSLINIER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BRANDE BUSLINIER ApS
BRANDE BUSLINIER ApS (CVR number: 19995739) is a company from IKAST-BRANDE. The company recorded a gross profit of 147.1 mDKK in 2023. The operating profit was 3240 kDKK, while net earnings were 2502.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 12.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 20.1 %, 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. BRANDE BUSLINIER ApS's liquidity measured by quick ratio was 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 119 106.06 | 108 727.22 | 112 135.56 | 127 639.81 | 147 095.61 |
EBIT | 4 475.50 | 4 401.32 | -15.01 | -7 509.71 | 3 240.00 |
Net earnings | 3 111.16 | 3 223.10 | 27.87 | -6 115.06 | 2 502.81 |
Shareholders equity total | 21 359.17 | 24 582.27 | 25 110.14 | 18 995.08 | 21 497.90 |
Balance sheet total (assets) | 78 694.69 | 85 024.82 | 100 737.94 | 92 268.65 | 106 719.65 |
Net debt | -1 702.27 | -1 251.85 | 3 319.90 | 5 660.41 | 28 171.39 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.3 % | 6.1 % | 0.9 % | -7.0 % | 4.4 % |
ROE | 15.7 % | 14.0 % | 0.1 % | -27.7 % | 12.4 % |
ROI | 11.2 % | 10.4 % | 1.6 % | -12.3 % | 7.0 % |
Economic value added (EVA) | 2 746.52 | 2 553.41 | - 983.63 | -6 786.42 | 2 073.07 |
Solvency | |||||
Equity ratio | 27.1 % | 28.9 % | 24.9 % | 20.6 % | 20.1 % |
Gearing | 13.3 % | 16.1 % | 42.3 % | 83.5 % | 133.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 |
Current ratio | 1.0 | 1.1 | 1.1 | 1.0 | 1.1 |
Cash and cash equivalents | 4 552.59 | 5 219.76 | 7 295.21 | 10 198.08 | 540.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | A | A |
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