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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  5.7% 9.5% 7.4% 19.8% 31.5%  
Credit score (0-100)  41 26 31 5 0  
Credit rating  BBB BB BB B C  
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) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  856 1,584 2,647 1,742 1,472  
EBITDA  82.7 96.7 195 -29.6 -314  
EBIT  67.4 53.4 149 -71.4 -355  
Pre-tax profit (PTP)  67.1 52.4 141.5 -78.3 -355.7  
Net earnings  60.6 31.4 108.7 -63.0 -431.6  
Pre-tax profit without non-rec. items  67.1 52.4 142 -78.3 -356  

 
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  209 167 125 83.6 41.8  
Shareholders equity total  -302 -139 -29.8 -820 -1,252  
Interest-bearing liabilities  650 617 492 492 414  
Balance sheet total (assets)  762 1,591 1,635 1,442 1,522  

Net Debt  545 -540 -903 479 331  
 
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  856 1,584 2,647 1,742 1,472  
Gross profit growth  4,674.9% 85.0% 67.1% -34.2% -15.5%  
Employees  2 4 7 4 4  
Employee growth %  -33.3% 100.0% 75.0% -42.9% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  762 1,591 1,635 1,442 1,522  
Balance sheet change%  101.5% 108.9% 2.8% -11.8% 5.6%  
Added value  82.7 96.7 195.5 -25.1 -313.6  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  200 -87 -93 -84 -84  

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

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 (%)  7.9% 3.4% 5.6% -4.1% -24.1%  
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 %  7.5% 3.8% 8.8% -3.6% -14.1%  
ROI %  12.0% 8.4% 26.9% -14.5% -78.5%  
ROE %  10.6% 2.7% 6.7% -4.1% -29.1%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  -30.8% -13.7% -3.0% -36.3% -45.1%  
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, %  659.6% -558.6% -462.0% -1,616.2% -105.5%  
Gearing %  -215.5% -445.5% -1,648.7% -60.0% -33.1%  
Net interest  0 0 0 0 0  
Financing costs %  0.0% 0.2% 1.4% 1.4% 0.1%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  0.7 3.1 2.9 0.8 0.6  
Current Ratio  0.6 1.2 1.2 0.8 0.6  
Cash and cash equivalent  104.5 1,157.4 1,395.0 13.2 83.1  

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  -362.8 228.2 282.2 -436.9 -904.5  
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  41 24 28 -6 -78  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  41 24 28 -7 -78  
EBIT / employee  34 13 21 -18 -89  
Net earnings / employee  30 8 16 -16 -108