Brave Solar A/S

 

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Analyst: XBRLDenmarkIFRS
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Bankruptcy Risk 
2019
N/A
2020
N/A
2021
2022/6
2022
2023/6
2023
2024/6
Bankruptcy risk for industry  0.2% 0.2% 0.2% 0.2% 0.2%  
Bankruptcy risk  0.0% 0.0% 2.0% 8.8% 5.2%  
Credit score (0-100)  0 0 67 27 42  
Credit rating  N/A N/A A BB BBB  
Credit limit (kDKK)  -748.8 33,622.1 28.7 0.0 0.0  

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

Income statement (kDKK) 
2019
N/A
2020
N/A
2021
2022/6
2022
2023/6
2023
2024/6

Net sales  16,782 370,586 396,722 998,671 18,154  
Gross profit  -1,161 79,267 39,124 -17,054 6,062  
EBITDA  -2,585 65,484 10,306 204,976 -38,522  
EBIT  -2,585 65,484 10,306 204,976 -38,522  
Pre-tax profit (PTP)  -1,441.0 294,671.0 54,553.0 3,066,097.0 -50,883.0  
Net earnings  -1,441.0 294,671.0 54,553.0 3,022,429.0 -41,508.0  
Pre-tax profit without non-rec. items  -2,585 65,484 10,306 3,066,097 -50,883  

 
See the entire income statement

Balance sheet (kDKK) 
2019
N/A
2020
N/A
2021
2022/6
2022
2023/6
2023
2024/6

Tangible assets total  0.0 0.0 0.0 1,405 1,358  
Shareholders equity total  -6,084 288,590 243,306 134,154 92,646  
Interest-bearing liabilities  0.0 0.0 0.0 243,158 130,358  
Balance sheet total (assets)  115,684 755,270 1,333,443 518,402 242,842  

Net Debt  0.0 0.0 0.0 92,885 88,391  
 
See the entire balance sheet

Volume 
2019
N/A
2020
N/A
2021
2022/6
2022
2023/6
2023
2024/6

Net sales  16,782 370,586 396,722 998,671 18,154  
Net sales growth  0.0% 2,108.2% 7.1% 151.7% -98.2%  
Gross profit  -1,161 79,267 39,124 -17,054 6,062  
Gross profit growth  27.3% 0.0% -50.6% 0.0% 0.0%  
Employees  0 0 0 23 1  
Employee growth %  -100.0% 0.0% 0.0% 0.0% -95.7%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  115,684 755,270 1,333,443 518,402 242,842  
Balance sheet change%  3,150.6% 552.9% 76.6% -61.1% -53.2%  
Added value  -2,585.0 65,484.0 10,306.0 204,976.0 -38,522.0  
Added value %  -15.4% 17.7% 2.6% 20.5% -212.2%  
Investments  -17 0 0 1,405 -47  

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

Profitability 
2019
N/A
2020
N/A
2021
2022/6
2022
2023/6
2023
2024/6
EBITDA %  -15.4% 17.7% 2.6% 20.5% -212.2%  
EBIT %  -15.4% 17.7% 2.6% 20.5% -212.2%  
EBIT to gross profit (%)  222.7% 82.6% 26.3% -1,201.9% -635.5%  
Net Earnings %  -8.6% 79.5% 13.8% 302.6% -228.6%  
Profit before depreciation and extraordinary items %  -8.6% 79.5% 13.8% 302.6% -228.6%  
Pre tax profit less extraordinaries %  -15.4% 17.7% 2.6% 307.0% -280.3%  
ROA %  -4.0% 14.9% 1.0% 332.3% -10.7%  
ROI %  -4.0% 14.9% 1.0% 359.2% -13.4%  
ROE %  114.1% 208.6% 20.5% 1,601.5% -36.6%  

Solidity 
2019
N/A
2020
N/A
2021
2022/6
2022
2023/6
2023
2024/6
Equity ratio %  0.0% 100.0% 100.0% 25.8% 37.5%  
Relative indebtedness %  0.0% 0.0% 0.0% 38.5% 827.3%  
Relative net indebtedness %  0.0% 0.0% 0.0% 23.4% 596.2%  
Net int. bear. debt to EBITDA, %  0.0% 0.0% 0.0% 45.3% -229.5%  
Gearing %  0.0% 0.0% 0.0% 181.3% 140.7%  
Net interest  0 0 0 0 0  
Financing costs %  0.0% 0.0% 0.0% 8.8% 5.5%  

Liquidity 
2019
N/A
2020
N/A
2021
2022/6
2022
2023/6
2023
2024/6
Quick Ratio  0.0 0.0 0.0 1.5 1.5  
Current Ratio  0.0 0.0 0.0 1.5 1.5  
Cash and cash equivalent  0.0 0.0 0.0 150,273.0 41,967.0  

Capital use efficiency 
2019
N/A
2020
N/A
2021
2022/6
2022
2023/6
2023
2024/6
Trade debtors turnover (days)  0.0 0.0 0.0 85.7 1,672.3  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 49.6% 1,184.3%  
Net working capital  0.0 0.0 0.0 166,754.0 69,221.0  
Net working capital %  0.0% 0.0% 0.0% 16.7% 381.3%  

Employee efficiency 
2019
N/A
2020
N/A
2021
2022/6
2022
2023/6
2023
2024/6
Net sales / employee  0 0 0 43,420 18,154  
Added value / employee  0 0 0 8,912 -38,522  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  0 0 0 8,912 -38,522  
EBIT / employee  0 0 0 8,912 -38,522  
Net earnings / employee  0 0 0 131,410 -41,508