Bacowe Group ApS — Credit Rating and Financial Key Figures

CVR number: 27713785
Lysbrohøjen 3, 8600 Silkeborg

Company information

Official name
Bacowe Group ApS
Established
2004
Company form
Private limited company
Industry

About Bacowe Group ApS

Bacowe Group ApS (CVR number: 27713785) is a company from SILKEBORG. The company reported a net sales of 8.3 mDKK in 2023, demonstrating a growth of 54.2 % compared to the previous year. The operating profit percentage was at 99.8 % (EBIT: 8.3 mDKK), while net earnings were 8114 kDKK. The profitability of the company measured by Return on Assets (ROA) was 59.1 %, which can be considered excellent and Return on Equity (ROE) was 91.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Bacowe Group ApS's liquidity measured by quick ratio was 15.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales5 380.558 297.16
Gross profit- 132.50- 233.73-28.385 365.558 284.41
EBIT- 132.50- 233.73-28.385 365.558 284.41
Net earnings342.426 249.953 562.205 140.168 113.98
Shareholders equity total2 386.308 636.245 198.458 126.029 525.14
Balance sheet total (assets)12 412.6110 755.217 812.2813 596.9114 463.71
Net debt6 801.801 738.592 588.985 457.214 826.19
Profitability
EBIT-%99.7 %99.8 %
ROA0.6 %55.9 %38.8 %50.1 %59.1 %
ROE8.7 %113.4 %51.5 %77.2 %91.9 %
ROI0.8 %65.1 %39.0 %50.2 %59.1 %
Economic value added (EVA)318.44-29.24-65.745 557.168 642.76
Solvency
Equity ratio19.2 %80.3 %66.5 %59.8 %65.9 %
Gearing285.0 %23.7 %50.0 %67.2 %51.7 %
Relative net indebtedness %101.7 %58.3 %
Liquidity
Quick ratio1.543.14.29.315.9
Current ratio1.543.14.29.315.9
Cash and cash equivalents307.918.811.1899.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1.9 %2.3 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:59.1%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.9%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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