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

CVR number: 32564623
Havdigevej 2, 6700 Esbjerg
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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 -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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings112.58142.22217.6234.91- 112.35
Shareholders equity total1 917.352 059.572 277.192 312.102 199.75
Balance sheet total (assets)4 968.635 121.745 343.652 329.102 214.75
Net debt-43.31-65.03-73.63- 127.09- 379.53
Profitability
EBIT-%
ROA3.1 %3.8 %5.2 %1.0 %-6.6 %
ROE6.0 %7.2 %10.0 %1.5 %-5.0 %
ROI8.2 %9.5 %12.4 %1.6 %-6.6 %
Economic value added (EVA)-53.19- 101.05- 105.68- 176.62- 264.28
Solvency
Equity ratio38.6 %40.2 %42.6 %99.3 %99.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.21.61.787.795.5
Current ratio1.21.61.7137.0147.7
Cash and cash equivalents43.3165.0373.63127.09379.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-6.57%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.3%
Rating: 90/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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