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 -205.1 kDKK in 2023. The operating profit was -205.1 kDKK, while net earnings were -112.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.6 %, which can be considered poor and Return on Equity (ROE) was -5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.3 %, 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 95.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -19.19 | -15.84 | -10.90 | -92.64 | - 205.11 |
EBIT | -19.19 | -15.84 | -10.90 | -92.64 | - 205.11 |
Net earnings | 112.58 | 142.22 | 217.62 | 34.91 | - 112.35 |
Shareholders equity total | 1 917.35 | 2 059.57 | 2 277.19 | 2 312.10 | 2 199.75 |
Balance sheet total (assets) | 4 968.63 | 5 121.74 | 5 343.65 | 2 329.10 | 2 214.75 |
Net debt | -43.31 | -65.03 | -73.63 | - 127.09 | - 379.53 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.1 % | 3.8 % | 5.2 % | 1.0 % | -6.6 % |
ROE | 6.0 % | 7.2 % | 10.0 % | 1.5 % | -5.0 % |
ROI | 8.2 % | 9.5 % | 12.4 % | 1.6 % | -6.6 % |
Economic value added (EVA) | -53.19 | - 101.05 | - 105.68 | - 176.62 | - 264.28 |
Solvency | |||||
Equity ratio | 38.6 % | 40.2 % | 42.6 % | 99.3 % | 99.3 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.6 | 1.7 | 87.7 | 95.5 |
Current ratio | 1.2 | 1.6 | 1.7 | 137.0 | 147.7 |
Cash and cash equivalents | 43.31 | 65.03 | 73.63 | 127.09 | 379.53 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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