Bifrons ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Bifrons ApS
Bifrons ApS (CVR number: 40300295) is a company from HVIDOVRE. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was at 12.9 % (EBIT: 0 mDKK), while net earnings were -0.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was -1.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.4 %, 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. Bifrons ApS's liquidity measured by quick ratio was 4.1 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 | 8.00 | 29.25 | 6.00 | 6.00 | |
Gross profit | 56.49 | -9.67 | 6.56 | -2.94 | 0.78 |
EBIT | 0.98 | -9.67 | 1.91 | -2.94 | 0.78 |
Net earnings | -1.40 | -10.73 | 0.51 | -4.35 | -0.51 |
Shareholders equity total | 48.60 | 37.87 | 38.37 | 34.02 | 33.51 |
Balance sheet total (assets) | 67.76 | 53.13 | 52.80 | 44.96 | 44.45 |
Net debt | -67.26 | -51.01 | -49.41 | -44.31 | -43.42 |
Profitability | |||||
EBIT-% | -120.9 % | 6.5 % | -49.0 % | 12.9 % | |
ROA | 1.5 % | -16.0 % | 3.6 % | -6.0 % | 1.7 % |
ROE | -2.9 % | -24.8 % | 1.3 % | -12.0 % | -1.5 % |
ROI | 2.0 % | -22.4 % | 5.0 % | -8.1 % | 2.3 % |
Economic value added (EVA) | 0.98 | -8.73 | 2.57 | -2.39 | 1.29 |
Solvency | |||||
Equity ratio | 71.7 % | 71.3 % | 72.7 % | 75.7 % | 75.4 % |
Gearing | |||||
Relative net indebtedness % | -446.8 % | -119.6 % | -556.1 % | -541.4 % | |
Liquidity | |||||
Quick ratio | 3.5 | 3.5 | 3.7 | 4.1 | 4.1 |
Current ratio | 3.5 | 3.5 | 3.7 | 4.1 | 4.1 |
Cash and cash equivalents | 67.26 | 51.01 | 49.41 | 44.31 | 43.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 473.3 % | 131.2 % | 567.0 % | 558.5 % | |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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