BRØNDUM A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BRØNDUM A/S
BRØNDUM A/S (CVR number: 47395518) is a company from VIBORG. The company reported a net sales of 541.4 mDKK in 2021, demonstrating a growth of 37.6 % compared to the previous year. The operating profit percentage was poor at -1.1 % (EBIT: -6 mDKK), while net earnings were -4378 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor and Return on Equity (ROE) was -7.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. BRØNDUM A/S's liquidity measured by quick ratio was 1.5 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 514.10 | 404.25 | 459.70 | 393.42 | 541.39 |
Gross profit | 44.39 | 9.56 | 44.37 | 41.55 | 41.87 |
EBIT | 9.48 | -24.67 | -0.37 | 1.37 | -6.00 |
Net earnings | 8.34 | -19.48 | -2.51 | 2.60 | -4.38 |
Shareholders equity total | 47.55 | 57.07 | 55.11 | 57.71 | 53.33 |
Balance sheet total (assets) | 201.84 | 225.90 | 214.83 | 251.10 | 276.42 |
Net debt | 51.73 | 53.51 | 41.92 | 47.43 | 56.27 |
Profitability | |||||
EBIT-% | 1.8 % | -6.1 % | -0.1 % | 0.3 % | -1.1 % |
ROA | 6.2 % | -10.9 % | 0.8 % | 1.7 % | -1.7 % |
ROE | 19.2 % | -37.2 % | -4.5 % | 4.6 % | -7.9 % |
ROI | 13.1 % | -19.7 % | 1.3 % | 3.1 % | -3.2 % |
Economic value added (EVA) | 5.60 | -21.45 | -2.85 | -1.46 | -7.36 |
Solvency | |||||
Equity ratio | 23.6 % | 25.3 % | 25.7 % | 25.9 % | 20.2 % |
Gearing | 116.5 % | 103.5 % | 85.4 % | 91.2 % | 115.1 % |
Relative net indebtedness % | 27.8 % | 37.8 % | 31.2 % | 45.7 % | 38.4 % |
Liquidity | |||||
Quick ratio | 1.3 | 1.3 | 1.5 | 1.7 | 1.5 |
Current ratio | 1.3 | 1.4 | 1.5 | 1.4 | 1.4 |
Cash and cash equivalents | 3.69 | 5.54 | 5.17 | 5.18 | 5.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 67.2 | 68.4 | 55.3 | 104.9 | 88.7 |
Net working capital % | 9.5 % | 14.4 % | 15.0 % | 18.9 % | 14.0 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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