Bureau Veritas Solutions Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Bureau Veritas Solutions Denmark A/S
Bureau Veritas Solutions Denmark A/S (CVR number: 10854431) is a company from FREDERICIA. The company reported a net sales of 37.8 mDKK in 2019, demonstrating a decline of -1.1 % compared to the previous year. The operating profit percentage was at 7.9 % (EBIT: 3 mDKK), while net earnings were 2324 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.3 %, which can be considered excellent and Return on Equity (ROE) was 30.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Bureau Veritas Solutions Denmark A/S's liquidity measured by quick ratio was 2.8 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2015 | 2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 38.99 | 40.49 | 37.87 | 38.24 | 37.82 |
Gross profit | 23.98 | 25.30 | 22.06 | 21.99 | 21.14 |
EBIT | 1.28 | 1.82 | 4.13 | 3.70 | 3.00 |
Net earnings | 0.56 | 2.35 | 3.08 | 2.82 | 2.32 |
Shareholders equity total | 5.49 | 7.84 | 8.42 | 7.82 | 7.35 |
Balance sheet total (assets) | 13.15 | 15.26 | 15.33 | 15.53 | 14.64 |
Net debt | 1.18 | 0.21 | 0.00 | 0.22 | 0.24 |
Profitability | |||||
EBIT-% | 3.3 % | 4.5 % | 10.9 % | 9.7 % | 7.9 % |
ROA | 10.8 % | 13.6 % | 27.3 % | 26.4 % | 20.3 % |
ROE | 10.8 % | 35.3 % | 37.8 % | 34.8 % | 30.6 % |
ROI | 23.6 % | 25.0 % | 49.7 % | 48.5 % | 37.4 % |
Economic value added (EVA) | 0.65 | 1.97 | 2.81 | 2.45 | 1.93 |
Solvency | |||||
Equity ratio | 48.0 % | 56.7 % | 60.5 % | 56.1 % | 56.3 % |
Gearing | 31.8 % | 4.4 % | 2.1 % | 5.0 % | 3.3 % |
Relative net indebtedness % | 18.2 % | 18.0 % | 17.8 % | 19.7 % | 19.3 % |
Liquidity | |||||
Quick ratio | 1.8 | 2.4 | 2.8 | 2.5 | 2.8 |
Current ratio | 1.4 | 1.9 | 2.2 | 2.0 | 2.1 |
Cash and cash equivalents | 0.57 | 0.14 | 0.18 | 0.17 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 33.3 | 46.6 | 43.8 | 41.8 | 36.8 |
Net working capital % | 8.2 % | 16.5 % | 21.7 % | 20.1 % | 20.5 % |
Credit risk | |||||
Credit rating | A | AA | AA | AA | AA |
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