BROCK & MICHELSEN EJENDOMSSELSKAB ApS — Credit Rating and Financial Key Figures

CVR number: 25482425
Lille Frederikslund 4, 2840 Holte
gb@bmeyewear.dk
tel: 31680780

Credit rating

Company information

Official name
BROCK & MICHELSEN EJENDOMSSELSKAB ApS
Personnel
1 person
Established
2000
Company form
Private limited company
Industry

About BROCK & MICHELSEN EJENDOMSSELSKAB ApS

BROCK & MICHELSEN EJENDOMSSELSKAB ApS (CVR number: 25482425) is a company from RUDERSDAL. The company recorded a gross profit of -473.5 kDKK in 2019, demonstrating a growth of 40.8 % compared to the previous year. The operating profit was -889.8 kDKK, while net earnings were -729.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.5 %, which can be considered poor and Return on Equity (ROE) was -8.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61 %, 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. BROCK & MICHELSEN EJENDOMSSELSKAB ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
Volume
Net sales2 144.002 015.0050.00
Gross profit1 740.001 555.00- 799.85- 473.49
EBIT1 280.001 122.00-1 216.03- 889.80
Net earnings865.00808.00- 963.95- 729.61
Shareholders equity total9 363.009 872.008 907.558 177.95
Balance sheet total (assets)14 550.0013 966.0014 109.8213 410.82
Net debt945.00-94.001 316.522 878.45
Profitability
EBIT-%59.7 %55.7 %-2432.1 %
ROA8.8 %7.5 %-8.7 %-6.5 %
ROE9.2 %8.4 %-10.3 %-8.5 %
ROI9.6 %8.2 %-9.4 %-6.7 %
Economic value added (EVA)880.83398.40-1 424.76-1 103.30
Solvency
Equity ratio64.4 %70.7 %63.1 %61.0 %
Gearing15.5 %2.9 %23.3 %38.2 %
Relative net indebtedness %99.5 %59.9 %4415.3 %
Liquidity
Quick ratio0.20.20.30.1
Current ratio0.20.20.30.1
Cash and cash equivalents508.00385.00763.21246.88
Capital use efficiency
Trade debtors turnover (days)11.1
Net working capital %-83.0 %-59.9 %-4299.5 %
Credit risk
Credit ratingAABBBBBB

Variable visualization

ROA:-6.47%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.0%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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