BUTIKSKÆDEN NÆRKØB A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BUTIKSKÆDEN NÆRKØB A/S
BUTIKSKÆDEN NÆRKØB A/S (CVR number: 13878544) is a company from VEJLE. The company reported a net sales of 6.6 mDKK in 2023, demonstrating a growth of 4.3 % compared to the previous year. The operating profit percentage was poor at -1.3 % (EBIT: -0.1 mDKK), while net earnings were 50 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 29.2 %, 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. BUTIKSKÆDEN NÆRKØB 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 129.65 | 5 177.38 | 5 625.45 | 6 360.20 | 6 631.74 |
Gross profit | 3 432.81 | 3 610.50 | 3 856.74 | 4 622.75 | 4 898.48 |
EBIT | 88.99 | 87.21 | 103.33 | 76.44 | -84.11 |
Net earnings | 50.57 | 50.53 | 50.29 | 50.00 | 50.02 |
Shareholders equity total | 3 579.66 | 3 830.19 | 3 880.48 | 3 930.48 | 4 180.50 |
Balance sheet total (assets) | 8 703.21 | 10 668.73 | 11 567.25 | 11 515.22 | 14 329.73 |
Net debt | -4 863.67 | -6 207.66 | -7 996.77 | -6 904.65 | -8 201.54 |
Profitability | |||||
EBIT-% | 1.7 % | 1.7 % | 1.8 % | 1.2 % | -1.3 % |
ROA | 1.1 % | 0.9 % | 0.9 % | 0.8 % | 0.4 % |
ROE | 1.4 % | 1.4 % | 1.3 % | 1.3 % | 1.2 % |
ROI | 2.5 % | 2.4 % | 2.7 % | 2.3 % | 1.2 % |
Economic value added (EVA) | 161.09 | 151.74 | 222.80 | 283.28 | 65.34 |
Solvency | |||||
Equity ratio | 41.1 % | 35.9 % | 33.5 % | 34.1 % | 29.2 % |
Gearing | |||||
Relative net indebtedness % | 5.1 % | 12.2 % | -5.5 % | 10.7 % | 29.4 % |
Liquidity | |||||
Quick ratio | 1.5 | 1.3 | 1.3 | 1.2 | 1.2 |
Current ratio | 1.5 | 1.3 | 1.3 | 1.2 | 1.2 |
Cash and cash equivalents | 4 863.67 | 6 207.66 | 7 996.77 | 6 904.65 | 8 201.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 9.7 | 6.9 | 7.3 | 12.4 | 21.2 |
Net working capital % | 49.6 % | 45.1 % | 37.9 % | 25.4 % | 32.6 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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