BRAND & REDNINGSTEKNIK IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BRAND & REDNINGSTEKNIK IVS
BRAND & REDNINGSTEKNIK IVS (CVR number: 36499192) is a company from BALLERUP. The company reported a net sales of 0.4 mDKK in 2019, demonstrating a decline of -65 % compared to the previous year. The operating profit percentage was poor at -68.2 % (EBIT: -0.3 mDKK), while net earnings were -308.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -43.5 %, which can be considered poor and Return on Equity (ROE) was -61.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -44.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. BRAND & REDNINGSTEKNIK IVS's liquidity measured by quick ratio was 1.1 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | 1 571.07 | 1 288.52 | 1 237.91 | 433.76 |
Gross profit | 542.16 | 712.49 | 561.89 | - 175.76 |
EBIT | -52.53 | -3.68 | -93.62 | - 295.95 |
Net earnings | -50.96 | -6.11 | -96.41 | - 308.06 |
Shareholders equity total | 77.38 | 71.27 | -25.14 | - 333.20 |
Balance sheet total (assets) | 526.86 | 539.54 | 589.50 | 411.27 |
Net debt | 2.92 | -18.24 | -25.76 | 217.87 |
Profitability | ||||
EBIT-% | -3.3 % | -0.3 % | -7.6 % | -68.2 % |
ROA | -10.0 % | -0.7 % | -16.2 % | -43.5 % |
ROE | -65.9 % | -8.2 % | -29.2 % | -61.6 % |
ROI | -67.9 % | -4.7 % | -237.8 % | -95.1 % |
Economic value added (EVA) | -50.01 | -6.11 | -94.87 | - 291.57 |
Solvency | ||||
Equity ratio | 14.7 % | 13.2 % | -4.1 % | -44.8 % |
Gearing | 5.0 % | -14.0 % | -67.3 % | |
Relative net indebtedness % | 28.8 % | 34.6 % | 47.3 % | 79.3 % |
Liquidity | ||||
Quick ratio | 1.2 | 1.2 | 0.9 | 1.1 |
Current ratio | 1.2 | 1.2 | 0.9 | 1.1 |
Cash and cash equivalents | -2.92 | 21.80 | 29.27 | 6.27 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 48.8 | 38.9 | 45.9 | 93.8 |
Net working capital % | 4.9 % | 5.5 % | -3.2 % | 11.5 % |
Credit risk | ||||
Credit rating | BB | BB | B | BB |
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