BEST BROADCAST HIRE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BEST BROADCAST HIRE A/S
BEST BROADCAST HIRE A/S (CVR number: 29638551) is a company from HVIDOVRE. The company recorded a gross profit of 3685.3 kDKK in 2023. The operating profit was -2133.2 kDKK, while net earnings were -1779.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.6 %, which can be considered poor and Return on Equity (ROE) was -52.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.7 %, 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. BEST BROADCAST HIRE A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 5 843.34 | 6 534.93 | 7 211.09 | 7 169.43 | 3 685.25 |
EBIT | 261.05 | 282.77 | 926.88 | 755.41 | -2 133.21 |
Net earnings | 205.99 | 108.90 | 627.91 | 730.40 | -1 779.73 |
Shareholders equity total | 3 174.55 | 3 283.45 | 3 911.36 | 4 641.76 | 2 112.03 |
Balance sheet total (assets) | 9 598.24 | 11 563.60 | 8 168.90 | 8 711.86 | 7 112.63 |
Net debt | 541.82 | 1 137.42 | - 342.81 | -1 042.14 | - 502.66 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.9 % | 3.0 % | 9.9 % | 12.1 % | -26.6 % |
ROE | 6.7 % | 3.4 % | 17.5 % | 17.1 % | -52.7 % |
ROI | 6.3 % | 4.3 % | 14.3 % | 16.1 % | -45.6 % |
Economic value added (EVA) | 70.66 | 93.87 | 542.02 | 561.34 | -1 823.52 |
Solvency | |||||
Equity ratio | 33.1 % | 33.0 % | 49.0 % | 56.2 % | 38.7 % |
Gearing | 37.6 % | 54.2 % | 29.1 % | 12.3 % | 31.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.3 | 1.3 | 1.9 | 1.3 |
Current ratio | 1.0 | 0.9 | 1.2 | 1.6 | 0.9 |
Cash and cash equivalents | 652.17 | 643.60 | 1 479.93 | 1 611.87 | 1 166.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | A | BB |
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