ROYAL UNIBREW A/S
Credit rating
Company information
About ROYAL UNIBREW A/S
ROYAL UNIBREW A/S (CVR number: 41956712K) is a company from FAXE. The company reported a net sales of 12927 mDKK in 2023, demonstrating a growth of 12.5 % compared to the previous year. The operating profit percentage was at 12.7 % (EBIT: 1638 mDKK), while net earnings were 1095 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good but Return on Equity (ROE) was 20.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ROYAL UNIBREW A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 7 692.00 | 7 315.00 | 8 746.00 | 11 487.00 | 12 927.00 |
Gross profit | 4 080.00 | 3 702.00 | 4 256.00 | 4 869.00 | 5 394.00 |
EBIT | 1 469.00 | 1 515.00 | 1 652.00 | 1 516.00 | 1 638.00 |
Net earnings | 1 140.00 | 1 198.00 | 1 298.00 | 1 491.00 | 1 095.00 |
Shareholders equity total | 3 107.00 | 3 332.00 | 3 342.00 | 5 158.00 | 5 748.00 |
Balance sheet total (assets) | 8 493.00 | 8 306.00 | 10 914.00 | 14 474.00 | 17 778.00 |
Net debt | -72.00 | -81.00 | -86.00 | - 214.00 | -57.00 |
Profitability | |||||
EBIT-% | 19.1 % | 20.7 % | 18.9 % | 13.2 % | 12.7 % |
ROA | 18.1 % | 18.5 % | 17.6 % | 12.0 % | 10.3 % |
ROE | 38.0 % | 37.4 % | 39.1 % | 35.1 % | 20.1 % |
ROI | 27.2 % | 28.5 % | 28.5 % | 20.0 % | 16.6 % |
Economic value added (EVA) | 1 032.21 | 1 121.04 | 1 206.56 | 1 182.09 | 1 142.85 |
Solvency | |||||
Equity ratio | 36.6 % | 40.1 % | 30.6 % | 35.6 % | 32.3 % |
Gearing | |||||
Relative net indebtedness % | 69.1 % | 66.9 % | 85.6 % | 79.2 % | 92.6 % |
Liquidity | |||||
Quick ratio | 0.3 | 0.3 | 0.4 | 0.4 | 0.4 |
Current ratio | 0.5 | 0.6 | 0.6 | 0.7 | 0.7 |
Cash and cash equivalents | 72.00 | 81.00 | 86.00 | 214.00 | 57.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 34.9 | 31.9 | 49.6 | 47.7 | 53.7 |
Net working capital % | -16.3 % | -13.0 % | -19.0 % | -13.5 % | -13.3 % |
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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