CARLSBERG BREWERIES A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CARLSBERG BREWERIES A/S
CARLSBERG BREWERIES A/S (CVR number: 25508343) is a company from KØBENHAVN. The company reported a net sales of 2736 mDKK in 2022, demonstrating a growth of 14.6 % compared to the previous year. The operating profit percentage was poor at -339.7 % (EBIT: -9294 mDKK), while net earnings were -6895 mDKK. The profitability of the company measured by Return on Assets (ROA) was -5.4 %, which can be considered poor and Return on Equity (ROE) was -15.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.2 %, 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. CARLSBERG BREWERIES A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 2 276.00 | 2 390.00 | 2 134.00 | 2 387.00 | 2 736.00 | 
| Gross profit | 1 339.00 | 1 476.00 | 1 318.00 | 1 517.00 | 1 821.00 | 
| EBIT | - 451.00 | - 255.00 | 148.00 | - 144.00 | -9 294.00 | 
| Net earnings | 1 215.00 | 6 587.00 | 7 146.00 | 5 315.00 | -6 895.00 | 
| Shareholders equity total | 54 246.00 | 53 372.00 | 55 037.00 | 52 912.00 | 38 115.00 | 
| Balance sheet total (assets) | 99 937.00 | 102 626.00 | 107 699.00 | 108 593.00 | 97 318.00 | 
| Net debt | 14 818.00 | 19 224.00 | 24 247.00 | 49 746.00 | 54 817.00 | 
| Profitability | |||||
| EBIT-% | -19.8 % | -10.7 % | 6.9 % | -6.0 % | -339.7 % | 
| ROA | 2.7 % | 7.7 % | 7.7 % | 5.8 % | -5.4 % | 
| ROE | 2.2 % | 12.2 % | 13.2 % | 9.8 % | -15.1 % | 
| ROI | 3.6 % | 10.8 % | 10.3 % | 6.6 % | -5.6 % | 
| Economic value added (EVA) | - 936.86 | -75.13 | 432.42 | - 210.97 | -8 987.40 | 
| Solvency | |||||
| Equity ratio | 54.3 % | 52.0 % | 51.1 % | 48.7 % | 39.2 % | 
| Gearing | 30.7 % | 38.0 % | 51.1 % | 100.2 % | 147.4 % | 
| Relative net indebtedness % | 1925.9 % | 2016.9 % | 2284.9 % | 2194.8 % | 2113.9 % | 
| Liquidity | |||||
| Quick ratio | 0.8 | 0.7 | 1.0 | 0.7 | 0.7 | 
| Current ratio | 0.8 | 0.7 | 1.0 | 0.7 | 0.7 | 
| Cash and cash equivalents | 1 858.00 | 1 051.00 | 3 903.00 | 3 291.00 | 1 368.00 | 
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 124.4 | 133.6 | 137.3 | 133.3 | 158.1 | 
| Net working capital % | -296.5 % | -403.1 % | -29.3 % | -346.5 % | -352.5 % | 
| Credit risk | |||||
| Credit rating | A | A | A | A | BBB | 
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