BIRKETINGET A/S — Credit Rating and Financial Key Figures

CVR number: 12599307
Sønder Allé 6, 8000 Aarhus C
mvm@moller-company.dk

Credit rating

Company information

Official name
BIRKETINGET A/S
Personnel
1 person
Established
1988
Company form
Limited company
Industry

About BIRKETINGET A/S

BIRKETINGET A/S (CVR number: 12599307) is a company from AARHUS. The company reported a net sales of 19.9 mDKK in 2024, demonstrating a growth of 2.8 % compared to the previous year. The operating profit percentage was at 97.3 % (EBIT: 19.4 mDKK), while net earnings were 19.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent and Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 95.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BIRKETINGET A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales36 442.6538 473.6830 577.7619 402.7619 940.40
Gross profit36 319.5038 320.0430 426.4630 092.1319 978.83
EBIT35 222.1837 158.6029 417.9529 123.5019 398.12
Net earnings35 476.9737 907.4029 671.1928 904.2819 157.06
Shareholders equity total220 567.34261 110.42320 475.73338 890.42353 107.33
Balance sheet total (assets)227 549.31267 773.68325 802.84365 247.92370 398.58
Net debt-8 696.385 988.513 816.7821 400.7412 718.00
Profitability
EBIT-%96.7 %96.6 %96.2 %150.1 %97.3 %
ROA16.6 %15.2 %9.9 %8.5 %5.4 %
ROE17.2 %15.7 %10.2 %8.8 %5.5 %
ROI16.7 %15.3 %9.9 %8.5 %5.4 %
Economic value added (EVA)25 621.0526 042.2216 319.2913 148.071 592.84
Solvency
Equity ratio96.9 %97.5 %98.4 %92.8 %95.3 %
Gearing2.9 %2.3 %1.5 %6.3 %3.6 %
Relative net indebtedness %-22.3 %17.3 %13.7 %135.8 %86.7 %
Liquidity
Quick ratio3.31.31.80.30.4
Current ratio3.31.31.80.30.4
Cash and cash equivalents15 126.790.571 130.015.176.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %43.5 %5.1 %13.1 %-94.0 %-47.9 %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:5.37%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.3%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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