BUTIK HONORÉ ApS — Credit Rating and Financial Key Figures

CVR number: 17467441
Bredgade 11, 9490 Pandrup
tel: 98246630

Credit rating

Company information

Official name
BUTIK HONORÉ ApS
Established
1993
Company form
Private limited company
Industry

About BUTIK HONORÉ ApS

BUTIK HONORÉ ApS (CVR number: 17467441) is a company from JAMMERBUGT. The company recorded a gross profit of 139.7 kDKK in 2023. The operating profit was 45 kDKK, while net earnings were 19.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 21.8 %, 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. BUTIK HONORÉ 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit186.44152.41185.51161.51139.65
EBIT95.0859.3593.9169.9144.99
Net earnings21.4723.60102.5840.5319.07
Shareholders equity total119.56143.15245.73286.26305.34
Balance sheet total (assets)1 696.511 645.641 546.131 465.851 399.11
Net debt1 333.601 282.521 129.63971.43831.07
Profitability
EBIT-%
ROA5.6 %3.6 %5.9 %4.6 %3.1 %
ROE19.7 %18.0 %52.8 %15.2 %6.4 %
ROI5.9 %3.7 %6.1 %4.8 %3.3 %
Economic value added (EVA)94.3862.7667.7063.2238.99
Solvency
Equity ratio7.0 %8.7 %15.9 %19.5 %21.8 %
Gearing1272.2 %1010.2 %505.5 %397.7 %336.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.2
Current ratio0.10.10.10.10.2
Cash and cash equivalents187.35163.56112.53166.98194.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:3.14%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.8%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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