Bureau Veritas Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Bureau Veritas Denmark A/S
Bureau Veritas Denmark A/S (CVR number: 16930431K) is a company from FREDERICIA. The company reported a net sales of 147.8 mDKK in 2023, demonstrating a growth of 8.5 % compared to the previous year. The operating profit percentage was at 6.3 % (EBIT: 9.4 mDKK), while net earnings were 6908.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.9 %, which can be considered excellent and Return on Equity (ROE) was 97.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21 %, 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. Bureau Veritas Denmark A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 130.67 | 122.08 | 130.67 | 136.19 | 147.83 |
Gross profit | 130.67 | 122.08 | 66.13 | 67.76 | 70.35 |
EBIT | 9.48 | 8.20 | 9.51 | 8.55 | 9.35 |
Net earnings | 7.17 | 6.18 | 7.17 | 6.07 | 6.91 |
Shareholders equity total | 7.69 | 6.73 | 7.69 | 6.66 | 7.47 |
Balance sheet total (assets) | -0.48 | 36.63 | 31.51 | 35.81 | |
Net debt | 0.48 | 8.88 | 4.82 | 5.47 | |
Profitability | |||||
EBIT-% | 7.3 % | 6.7 % | 7.3 % | 6.3 % | 6.3 % |
ROA | -1705.1 % | 27.5 % | 26.5 % | 30.9 % | |
ROE | 49.9 % | 42.9 % | 49.7 % | 84.6 % | 97.8 % |
ROI | -1705.1 % | 67.2 % | 69.2 % | 88.5 % | |
Economic value added (EVA) | 9.15 | 7.82 | 6.83 | 5.95 | 6.74 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 21.1 % | 21.9 % | 21.0 % |
Gearing | 98.7 % | 63.1 % | 69.5 % | ||
Relative net indebtedness % | 0.4 % | 23.1 % | 18.7 % | 19.4 % | |
Liquidity | |||||
Quick ratio | 1.2 | 1.3 | 1.2 | ||
Current ratio | 1.2 | 1.2 | 1.2 | ||
Cash and cash equivalents | -0.48 | -1.30 | -0.61 | -0.28 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 66.3 | 58.2 | 66.7 | ||
Net working capital % | -0.4 % | 4.7 % | 3.8 % | 3.9 % | |
Credit risk | |||||
Credit rating | BBB | BBB | BBB |
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