BAVARIAN NORDIC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BAVARIAN NORDIC A/S
BAVARIAN NORDIC A/S (CVR number: 16271187K) is a company from GENTOFTE. The company reported a net sales of 5716.2 mDKK in 2024, demonstrating a decline of -19.1 % compared to the previous year. The operating profit percentage was at 16.4 % (EBIT: 939.8 mDKK), while net earnings were 988 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 79.9 %, 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. BAVARIAN NORDIC A/S's liquidity measured by quick ratio was 1.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 852.38 | 1 897.88 | 3 150.79 | 7 062.34 | 5 716.21 |
Gross profit | 657.29 | 570.32 | 1 701.26 | 4 603.05 | 2 818.76 |
EBIT | 379.59 | - 313.55 | -70.78 | 1 502.54 | 939.77 |
Net earnings | 277.52 | - 464.77 | - 347.38 | 1 475.19 | 987.98 |
Shareholders equity total | 4 894.35 | 7 374.67 | 7 149.99 | 10 339.93 | 11 408.56 |
Balance sheet total (assets) | 8 759.06 | 12 089.27 | 12 391.25 | 14 353.21 | 14 405.86 |
Net debt | -1 669.61 | -3 716.61 | -2 845.17 | -1 867.48 | -2 175.03 |
Profitability | |||||
EBIT-% | 20.5 % | -16.5 % | -2.2 % | 21.3 % | 16.4 % |
ROA | 5.5 % | -2.5 % | 0.1 % | 12.1 % | 7.6 % |
ROE | 5.7 % | -7.6 % | -4.8 % | 16.9 % | 9.1 % |
ROI | 6.1 % | -2.9 % | 0.1 % | 14.9 % | 9.5 % |
Economic value added (EVA) | 373.59 | - 570.38 | - 448.69 | 1 131.86 | 429.82 |
Solvency | |||||
Equity ratio | 56.4 % | 61.1 % | 57.7 % | 72.0 % | 79.9 % |
Gearing | |||||
Relative net indebtedness % | 118.5 % | 52.6 % | 76.0 % | 30.4 % | 14.4 % |
Liquidity | |||||
Quick ratio | 2.1 | 2.3 | 1.6 | 1.3 | 1.3 |
Current ratio | 2.5 | 2.5 | 2.0 | 1.9 | 2.1 |
Cash and cash equivalents | 1 669.61 | 3 716.61 | 2 845.17 | 1 867.48 | 2 175.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 27.4 | 73.4 | 60.6 | 91.9 | 75.1 |
Net working capital % | 2.4 % | -14.7 % | -2.3 % | 31.5 % | 42.7 % |
Credit risk | |||||
Credit rating | AA | A | A | AA | AA |
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