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Analyst: XBRLDenmark
 
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  1.7% 1.5% 0.9% 1.0% 2.0%  
Credit score (0-100)  74 77 88 87 67  
Credit rating  A A A A A  
Credit limit (kDKK)  4.5 43.3 1,505.9 1,027.3 1.2  

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

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  6,735 10,044 13,574 10,525 6,865  
EBITDA  2,366 4,633 8,450 5,079 1,056  
EBIT  2,319 4,450 8,233 4,852 981  
Pre-tax profit (PTP)  544.8 3,048.7 7,410.7 3,395.9 -1,215.1  
Net earnings  460.3 2,294.0 5,770.2 2,559.0 -1,027.0  
Pre-tax profit without non-rec. items  545 3,049 7,411 3,396 -1,215  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  132 91.0 115 59.5 37.0  
Shareholders equity total  3,419 5,561 12,448 13,815 9,965  
Interest-bearing liabilities  27,993 22,177 27,952 33,801 26,021  
Balance sheet total (assets)  36,095 35,969 50,847 49,909 37,928  

Net Debt  27,983 22,053 24,185 33,800 25,555  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  6,735 10,044 13,574 10,525 6,865  
Gross profit growth  35.5% 49.1% 35.1% -22.5% -34.8%  
Employees  9 10 9 10 10  
Employee growth %  12.5% 11.1% -10.0% 11.1% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  36,095 35,969 50,847 49,909 37,928  
Balance sheet change%  1.4% -0.3% 41.4% -1.8% -24.0%  
Added value  2,366.3 4,633.0 8,449.7 5,069.5 1,055.7  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  189 -135 -365 -429 -100  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  3.0 4.0 5.0 5.0 5.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
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 (%)  34.4% 44.3% 60.7% 46.1% 14.3%  
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 %  5.6% 11.4% 19.0% 9.4% 2.0%  
ROI %  6.4% 13.8% 24.1% 10.7% 2.1%  
ROE %  20.4% 51.1% 64.1% 19.5% -8.6%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  16.4% 22.4% 24.5% 27.7% 26.3%  
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, %  1,182.6% 476.0% 286.2% 665.5% 2,420.8%  
Gearing %  818.6% 398.8% 224.6% 244.7% 261.1%  
Net interest  0 0 0 0 0  
Financing costs %  5.0% 4.2% 3.4% 4.3% 7.0%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  0.2 0.2 0.3 0.2 0.2  
Current Ratio  0.8 0.9 1.2 1.2 1.2  
Cash and cash equivalent  9.3 124.5 3,766.9 0.5 465.6  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
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  -6,244.7 -4,058.3 6,902.2 8,422.7 4,854.7  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  263 463 939 507 106  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  263 463 939 508 106  
EBIT / employee  258 445 915 485 98  
Net earnings / employee  51 229 641 256 -103