Braa Horse A/S — Credit Rating and Financial Key Figures

CVR number: 32564623
Havdigevej 2, 6700 Esbjerg
Free credit report Annual report

Company information

Official name
Braa Horse A/S
Established
2009
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings142.22217.6234.91- 112.35- 357.92
Shareholders equity total2 059.572 277.192 312.102 199.751 841.84
Balance sheet total (assets)5 121.745 343.652 329.102 214.751 861.06
Net debt-65.03-73.63- 127.09- 379.53- 525.89
Profitability
EBIT-%
ROA3.8 %5.2 %1.0 %-6.6 %-22.5 %
ROE7.2 %10.0 %1.5 %-5.0 %-17.7 %
ROI9.5 %12.4 %1.6 %-6.6 %-22.7 %
Economic value added (EVA)- 108.71- 112.00- 186.81- 270.67- 486.32
Solvency
Equity ratio40.2 %42.6 %99.3 %99.3 %99.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.61.787.795.545.9
Current ratio1.61.7137.0147.792.2
Cash and cash equivalents65.0373.63127.09379.53525.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-22.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.0%
Rating: 84/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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