Brede Venture ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Brede Venture ApS
Brede Venture ApS (CVR number: 38162845) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -5.2 kDKK in 2023. The operating profit was -5.2 kDKK, while net earnings were 236.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good but Return on Equity (ROE) was 15.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Brede Venture ApS's liquidity measured by quick ratio was 1.2 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 | 111.25 | 765.93 | |||
Gross profit | 108.12 | 761.55 | -5.00 | -7.00 | -5.20 |
EBIT | 108.12 | 761.55 | -5.00 | -7.00 | -5.20 |
Net earnings | 108.36 | 793.35 | 283.56 | 271.18 | 236.64 |
Shareholders equity total | 47.11 | 1 161.07 | 1 331.63 | 1 488.41 | 1 607.25 |
Balance sheet total (assets) | 282.23 | 1 675.44 | 2 004.21 | 2 479.81 | 2 517.60 |
Net debt | -38.09 | - 528.92 | - 685.06 | - 409.65 | - 190.50 |
Profitability | |||||
EBIT-% | 97.2 % | 99.4 % | |||
ROA | 59.3 % | 84.5 % | 20.6 % | 17.7 % | 12.0 % |
ROE | 237.7 % | 131.3 % | 22.8 % | 19.2 % | 15.3 % |
ROI | 141.2 % | 120.0 % | 24.3 % | 19.0 % | 12.7 % |
Economic value added (EVA) | 109.11 | 759.45 | 49.23 | 54.66 | 89.96 |
Solvency | |||||
Equity ratio | 16.7 % | 69.3 % | 66.4 % | 60.0 % | 63.8 % |
Gearing | 131.4 % | 9.4 % | 39.3 % | 55.5 % | 51.8 % |
Relative net indebtedness % | 121.5 % | -16.1 % | |||
Liquidity | |||||
Quick ratio | 1.0 | 1.7 | 2.0 | 1.4 | 1.2 |
Current ratio | 1.0 | 1.7 | 2.0 | 1.4 | 1.2 |
Cash and cash equivalents | 100.00 | 637.60 | 1 207.85 | 1 235.17 | 1 023.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -2.6 % | 18.6 % | |||
Credit risk | |||||
Credit rating | BB | BBB | A | A | A |
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