BROCADE COMMUNICATIONS DENMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BROCADE COMMUNICATIONS DENMARK ApS
BROCADE COMMUNICATIONS DENMARK ApS (CVR number: 26159644) is a company from KØBENHAVN. The company recorded a gross profit of 98.3 kDKK in 2019. The operating profit was 22.1 kDKK, while net earnings were -49.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.8 %, 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. BROCADE COMMUNICATIONS DENMARK ApS's liquidity measured by quick ratio was 4.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | 20 127.61 | |||
| Gross profit | 16 460.88 | 19 658.91 | 7 070.81 | 98.31 |
| EBIT | 774.14 | 872.19 | 346.02 | 22.12 |
| Net earnings | 469.69 | 591.41 | 272.86 | -49.88 |
| Shareholders equity total | 5 723.77 | 6 315.18 | 6 588.04 | 6 538.15 |
| Balance sheet total (assets) | 8 276.75 | 9 555.30 | 7 038.47 | 8 299.71 |
| Net debt | -5 503.47 | -6 935.92 | -6 511.62 | -6 676.52 |
| Profitability | ||||
| EBIT-% | 3.8 % | |||
| ROA | 9.4 % | 9.9 % | 4.7 % | 0.3 % |
| ROE | 8.2 % | 9.8 % | 4.2 % | -0.8 % |
| ROI | 13.5 % | 14.7 % | 6.0 % | 0.3 % |
| Economic value added (EVA) | 602.90 | 656.39 | 275.62 | 18.28 |
| Solvency | ||||
| Equity ratio | 69.2 % | 66.1 % | 93.6 % | 78.8 % |
| Gearing | 24.0 % | |||
| Relative net indebtedness % | -14.7 % | |||
| Liquidity | ||||
| Quick ratio | 3.2 | 2.9 | 15.6 | 4.7 |
| Current ratio | 3.2 | 2.9 | 15.6 | 4.7 |
| Cash and cash equivalents | 5 503.47 | 6 935.92 | 6 511.62 | 8 244.09 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | 28.4 % | |||
| Credit risk | ||||
| Credit rating | A | BBB | BB | BB |
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