Bangsgaard ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Bangsgaard ApS
Bangsgaard ApS (CVR number: 38547844) is a company from TÅRNBY. The company recorded a gross profit of -0.8 kDKK in 2020. The operating profit was -0.8 kDKK, while net earnings were 9.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 77.1 %, 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. Bangsgaard ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -4.00 | -0.63 | -0.84 | |
| EBIT | -4.00 | -0.63 | -0.84 | |
| Net earnings | 175.37 | - 142.77 | 141.73 | 9.50 |
| Shareholders equity total | 225.37 | 87.10 | 228.83 | 158.40 |
| Balance sheet total (assets) | 229.87 | 91.60 | 234.64 | 205.44 |
| Net debt | -0.49 | -4.99 | -4.99 | -26.06 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 76.3 % | -88.8 % | 86.6 % | 4.7 % |
| ROE | 77.8 % | -91.4 % | 89.7 % | 4.9 % |
| ROI | 77.8 % | -91.4 % | 89.4 % | 5.3 % |
| Economic value added (EVA) | -4.00 | 9.24 | 1.44 | 8.35 |
| Solvency | ||||
| Equity ratio | 98.0 % | 95.1 % | 97.5 % | 77.1 % |
| Gearing | ||||
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 0.1 | 1.1 | 1.1 | 0.7 |
| Current ratio | 0.1 | 1.1 | 1.1 | 0.7 |
| Cash and cash equivalents | 0.49 | 4.99 | 4.99 | 26.06 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BBB | BB | BBB | BBB |
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