BUSDAN 40 ApS
Credit rating
Company information
About BUSDAN 40 ApS
BUSDAN 40 ApS (CVR number: 31052114) is a company from TÅRNBY. The company reported a net sales of 14.4 mDKK in 2023, demonstrating a decline of -1.9 % compared to the previous year. The operating profit percentage was poor at -2.4 % (EBIT: -0.3 mDKK), while net earnings were -4218 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -17 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. BUSDAN 40 ApS's liquidity measured by quick ratio was 4.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 864.00 | 5 580.00 | 14 083.00 | 14 655.00 | 14 383.00 |
Gross profit | 219.00 | 402.00 | 445.00 | 896.00 | 856.00 |
EBIT | 162.00 | 372.00 | 414.00 | 866.00 | - 342.00 |
Net earnings | -4 068.00 | - 355.00 | - 799.00 | -2 503.00 | -4 218.00 |
Shareholders equity total | 49 016.00 | 48 661.00 | 47 862.00 | 45 359.00 | 4 141.00 |
Balance sheet total (assets) | 49 088.00 | 188 745.00 | 174 010.00 | 160 884.00 | 102 351.00 |
Net debt | 68.00 | 140 000.00 | 125 911.00 | 113 010.00 | 96 771.00 |
Profitability | |||||
EBIT-% | 8.7 % | 6.7 % | 2.9 % | 5.9 % | -2.4 % |
ROA | 0.1 % | 0.3 % | 0.2 % | 0.5 % | -0.2 % |
ROE | -8.0 % | -0.7 % | -1.7 % | -5.4 % | -17.0 % |
ROI | 0.1 % | 0.3 % | 0.2 % | 0.5 % | -0.2 % |
Economic value added (EVA) | -2 552.45 | -2 198.93 | -2 031.22 | -1 790.21 | -2 522.11 |
Solvency | |||||
Equity ratio | 99.9 % | 25.8 % | 27.5 % | 28.2 % | 4.0 % |
Gearing | 0.1 % | 287.7 % | 263.1 % | 249.1 % | 2367.6 % |
Relative net indebtedness % | 3.9 % | 2510.5 % | 895.7 % | 788.3 % | 674.0 % |
Liquidity | |||||
Quick ratio | 681.8 | 1.7 | 0.7 | 0.6 | 4.2 |
Current ratio | 681.8 | 1.7 | 0.7 | 0.6 | 4.2 |
Cash and cash equivalents | 1 270.00 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 2629.6 % | 190.8 % | -31.8 % | -48.0 % | 237.0 % |
Credit risk | |||||
Credit rating | C | A | A | BBB | BB |
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