Braa Horse A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Braa Horse A/S
Braa Horse A/S (CVR number: 32564623) is a company from ESBJERG. The company recorded a gross profit of -479.9 kDKK in 2024. The operating profit was -481.8 kDKK, while net earnings were -357.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.5 %, which can be considered poor and Return on Equity (ROE) was -17.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Braa Horse A/S's liquidity measured by quick ratio was 45.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -15.84 | -10.90 | -92.64 | - 205.11 | - 479.91 |
EBIT | -15.84 | -10.90 | -92.64 | - 205.11 | - 481.78 |
Net earnings | 142.22 | 217.62 | 34.91 | - 112.35 | - 357.92 |
Shareholders equity total | 2 059.57 | 2 277.19 | 2 312.10 | 2 199.75 | 1 841.84 |
Balance sheet total (assets) | 5 121.74 | 5 343.65 | 2 329.10 | 2 214.75 | 1 861.06 |
Net debt | -65.03 | -73.63 | - 127.09 | - 379.53 | - 525.89 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.8 % | 5.2 % | 1.0 % | -6.6 % | -22.5 % |
ROE | 7.2 % | 10.0 % | 1.5 % | -5.0 % | -17.7 % |
ROI | 9.5 % | 12.4 % | 1.6 % | -6.6 % | -22.7 % |
Economic value added (EVA) | - 108.71 | - 112.00 | - 186.81 | - 270.67 | - 486.32 |
Solvency | |||||
Equity ratio | 40.2 % | 42.6 % | 99.3 % | 99.3 % | 99.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.7 | 87.7 | 95.5 | 45.9 |
Current ratio | 1.6 | 1.7 | 137.0 | 147.7 | 92.2 |
Cash and cash equivalents | 65.03 | 73.63 | 127.09 | 379.53 | 525.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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