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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  7.6% 5.5% 1.7% 5.1% 7.1%  
Credit score (0-100)  33 41 71 43 33  
Credit rating  BB BBB A BBB BBB  
Credit limit (kDKK)  0.0 0.0 3.8 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  6,411 0 0 0 0  
Gross profit  2,811 4,712 6,632 7,219 6,478  
EBITDA  -1,143 88.0 1,129 89.7 87.5  
EBIT  -1,161 88.0 1,111 64.6 87.5  
Pre-tax profit (PTP)  -1,269.9 71.1 1,091.0 53.2 18.3  
Net earnings  -990.5 55.5 791.6 6.7 -1.3  
Pre-tax profit without non-rec. items  -1,270 71.1 1,091 53.2 18.3  

 
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  42.8 42.8 25.1 0.0 0.0  
Shareholders equity total  921 976 1,768 775 373  
Interest-bearing liabilities  0.0 0.0 160 585 744  
Balance sheet total (assets)  2,375 3,543 4,420 3,632 3,169  

Net Debt  -230 -2,311 -1,095 -1,433 -224  
 
See the entire balance sheet

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

Net sales  6,411 0 0 0 0  
Net sales growth  6.0% -100.0% 0.0% 0.0% 0.0%  
Gross profit  2,811 4,712 6,632 7,219 6,478  
Gross profit growth  -45.5% 67.7% 40.7% 8.8% -10.3%  
Employees  0 4 4 7 7  
Employee growth %  0.0% 0.0% 0.0% 75.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  2,375 3,543 4,420 3,632 3,169  
Balance sheet change%  -29.1% 49.2% 24.8% -17.8% -12.7%  
Added value  -1,143.1 88.0 1,129.0 82.3 87.5  
Added value %  -17.8% 0.0% 0.0% 0.0% 0.0%  
Investments  -7 0 -35 -50 0  

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

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  -17.8% 0.0% 0.0% 0.0% 0.0%  
EBIT %  -18.1% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  -41.3% 1.9% 16.8% 0.9% 1.4%  
Net Earnings %  -15.5% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  -15.2% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  -19.8% 0.0% 0.0% 0.0% 0.0%  
ROA %  -40.6% 3.0% 27.9% 7.2% 12.7%  
ROI %  -82.0% 9.3% 76.6% 17.6% 34.8%  
ROE %  -69.9% 5.8% 57.7% 0.5% -0.2%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  38.8% 27.6% 41.4% 23.8% 11.8%  
Relative indebtedness %  22.7% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  19.1% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  20.1% -2,625.6% -96.9% -1,597.9% -255.7%  
Gearing %  0.0% 0.0% 9.1% 75.5% 199.2%  
Net interest  0 0 0 0 0  
Financing costs %  0.0% 0.0% 27.1% 63.2% 62.1%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  1.5 1.3 1.7 1.4 1.1  
Current Ratio  1.5 1.3 1.6 1.2 1.1  
Cash and cash equivalent  229.6 2,311.1 1,254.7 2,018.3 967.5  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  99.2 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  615.9 0.0 0.0 0.0 0.0  
Current assets / Net sales %  34.9% 0.0% 0.0% 0.0% 0.0%  
Net working capital  782.1 837.6 1,522.3 645.1 243.8  
Net working capital %  12.2% 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  0 22 282 12 13  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  0 22 282 13 13  
EBIT / employee  0 22 278 9 13  
Net earnings / employee  0 14 198 1 -0