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Analyst: XBRLDenmark
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Bankruptcy Risk 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  4.9% 4.1% 5.1% 9.9% 3.0%  
Credit score (0-100)  46 50 43 24 57  
Credit rating  BB BB BB B BB  
Credit limit (kDKK)  0.0 0.0 0.0 0.0 0.0  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12

Net sales  0 0 0 0 0  
Gross profit  1,356 1,801 1,711 1,641 1,583  
EBITDA  70.6 563 339 226 196  
EBIT  -767 -301 -517 -624 183  
Pre-tax profit (PTP)  -770.2 -304.2 -520.1 -629.4 172.4  
Net earnings  -606.2 -242.7 -411.1 -497.4 127.3  
Pre-tax profit without non-rec. items  -770 -304 -520 -629 172  

 
See the entire income statement

Balance sheet (kDKK) 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12

Tangible assets total  127 94.9 71.2 53.4 40.1  
Shareholders equity total  2,233 1,841 1,279 632 559  
Interest-bearing liabilities  0.0 1.2 65.7 101 159  
Balance sheet total (assets)  3,036 2,713 2,141 1,260 1,136  

Net Debt  -297 -575 -872 -900 -666  
 
See the entire balance sheet

Volume 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  1,356 1,801 1,711 1,641 1,583  
Gross profit growth  -16.4% 32.8% -5.0% -4.1% -3.5%  
Employees  3 3 3 3 3  
Employee growth %  0.0% 0.0% 0.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  3,036 2,713 2,141 1,260 1,136  
Balance sheet change%  -27.8% -10.6% -21.1% -41.1% -9.9%  
Added value  -767.0 -300.6 -516.8 -623.5 182.9  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  -1,565 -1,727 -1,711 -1,700 -27  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  -2.0 -3.0 -4.0 -5.0 1.0  

Profitability 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  -56.6% -16.7% -30.2% -38.0% 11.6%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  -21.2% -10.5% -21.3% -36.7% 15.3%  
ROI %  -23.6% -12.0% -27.6% -55.0% 25.1%  
ROE %  -23.2% -11.9% -26.4% -52.0% 21.4%  

Solidity 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
Equity ratio %  73.6% 67.8% 59.8% 50.2% 49.3%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  -420.5% -102.1% -257.2% -397.6% -339.2%  
Gearing %  0.0% 0.1% 5.1% 15.9% 28.3%  
Net interest  0 0 0 0 0  
Financing costs %  0.0% 604.6% 9.9% 7.1% 8.1%  

Liquidity 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
Quick Ratio  1.7 1.9 1.8 1.9 1.9  
Current Ratio  1.7 1.9 1.8 1.9 1.9  
Cash and cash equivalent  296.7 576.0 937.6 1,000.1 824.3  

Capital use efficiency 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  165.8 452.2 562.7 581.2 521.2  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2018
2018/12
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
Net sales / employee  0 0 0 0 0  
Added value / employee  -256 -100 -172 -208 61  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  24 188 113 75 65  
EBIT / employee  -256 -100 -172 -208 61  
Net earnings / employee  -202 -81 -137 -166 42