BIOGEN (DENMARK) A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BIOGEN (DENMARK) A/S
BIOGEN (DENMARK) A/S (CVR number: 21682977) is a company from KØBENHAVN. The company reported a net sales of 259.6 mDKK in 2023, demonstrating a decline of -15.6 % compared to the previous year. The operating profit percentage was at 3.5 % (EBIT: 9.2 mDKK), while net earnings were 8338.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent and Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 69.9 %, 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. BIOGEN (DENMARK) A/S's liquidity measured by quick ratio was 3.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 324.93 | 303.40 | 259.69 | 307.51 | 259.56 |
Gross profit | 324.93 | 303.40 | 259.69 | 47.04 | 44.23 |
EBIT | 2.03 | 4.76 | -6.83 | 11.64 | 9.20 |
Net earnings | 12.29 | 10.12 | 7.55 | 8.44 | 8.34 |
Shareholders equity total | 104.34 | 114.47 | 122.02 | 130.46 | 138.80 |
Balance sheet total (assets) | 210.58 | 177.21 | 243.16 | 160.34 | 198.58 |
Net debt | -88.93 | -65.83 | |||
Profitability | |||||
EBIT-% | 0.6 % | 1.6 % | -2.6 % | 3.8 % | 3.5 % |
ROA | 1.0 % | 2.5 % | -3.2 % | 5.8 % | 6.0 % |
ROE | 12.5 % | 9.3 % | 6.4 % | 6.7 % | 6.2 % |
ROI | 1.3 % | 2.5 % | -3.2 % | 6.1 % | 7.3 % |
Economic value added (EVA) | 0.03 | -0.49 | -12.58 | 2.89 | 5.40 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 81.4 % | 69.9 % |
Gearing | 5.2 % | 14.8 % | |||
Relative net indebtedness % | -21.4 % | -10.3 % | |||
Liquidity | |||||
Quick ratio | 5.4 | 3.3 | |||
Current ratio | 5.4 | 3.3 | |||
Cash and cash equivalents | 95.67 | 86.32 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 65.6 | 155.9 | |||
Net working capital % | 42.1 % | 53.4 % | |||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | A |
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