BTJ HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28113560
Hesseløvej 28, 7400 Herning

Credit rating

Company information

Official name
BTJ HOLDING ApS
Established
2004
Company form
Private limited company
Industry

About BTJ HOLDING ApS

BTJ HOLDING ApS (CVR number: 28113560) is a company from HERNING. The company reported a net sales of -0.1 mDKK in 2023, demonstrating a decline of 381.6 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.2 mDKK), while net earnings were 357.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 59.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. BTJ HOLDING ApS's liquidity measured by quick ratio was 0.4 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
2019
2020
2021
2022
2023
Volume
Net sales1 152.004 129.00- 108.00-27.00- 130.02
Gross profit1 125.004 066.00- 156.00-57.00- 153.52
EBIT1 125.004 066.00- 156.00-57.00- 153.52
Net earnings2 076.005 525.001 135.00-3 523.00357.74
Shareholders equity total16 236.0021 208.0021 777.0017 682.0017 450.72
Balance sheet total (assets)26 803.0032 093.0032 697.0028 558.0029 179.49
Net debt227.0010.00- 906.00-6 981.00159.83
Profitability
EBIT-%97.7 %98.5 %
ROA9.8 %21.0 %5.4 %0.9 %4.7 %
ROE13.4 %29.5 %5.3 %-17.9 %2.0 %
ROI14.3 %32.8 %8.1 %1.3 %7.6 %
Economic value added (EVA)428.743 145.90-1 171.25-1 085.32- 632.10
Solvency
Equity ratio60.6 %66.1 %66.6 %61.9 %59.8 %
Gearing1.4 %0.1 %0.0 %0.3 %1.7 %
Relative net indebtedness %916.8 %263.6 %-9269.4 %-14203.7 %-8911.2 %
Liquidity
Quick ratio0.60.30.41.10.4
Current ratio0.60.30.41.10.4
Cash and cash equivalents6.001.00909.007 041.00142.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-383.9 %-175.5 %5877.8 %-3251.9 %5199.9 %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:4.66%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.8%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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