BRENNTAG NORDIC A/S — Credit Rating and Financial Key Figures

CVR number: 24994589
Borupvang 5 B, 2750 Ballerup
main@brenntag-nordic.com
tel: 43292800

Credit rating

Company information

Official name
BRENNTAG NORDIC A/S
Personnel
136 persons
Established
1999
Company form
Limited company
Industry
  • Expand more icon20Manufacture of chemicals and chemical products

About BRENNTAG NORDIC A/S

BRENNTAG NORDIC A/S (CVR number: 24994589) is a company from BALLERUP. The company reported a net sales of 1273 mDKK in 2023, demonstrating a decline of -9.5 % compared to the previous year. The operating profit percentage was at 11.4 % (EBIT: 145.5 mDKK), while net earnings were 131.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.9 %, which can be considered excellent and Return on Equity (ROE) was 15.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BRENNTAG NORDIC A/S's liquidity measured by quick ratio was 6.5 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales972.551 039.93943.781 406.311 272.99
Gross profit186.44283.94221.85283.43295.07
EBIT33.49122.0377.46143.94145.45
Net earnings24.88103.9662.22116.07131.06
Shareholders equity total692.98742.93753.16814.23868.73
Balance sheet total (assets)863.39956.28919.701 090.751 051.01
Net debt-15.08- 100.64-42.48-21.032.14
Profitability
EBIT-%3.4 %11.7 %8.2 %10.2 %11.4 %
ROA4.1 %14.5 %9.0 %15.3 %15.9 %
ROE3.5 %14.5 %8.3 %14.8 %15.6 %
ROI4.7 %16.9 %10.4 %18.1 %18.6 %
Economic value added (EVA)-7.6464.4229.8979.4478.16
Solvency
Equity ratio80.3 %77.7 %81.9 %74.6 %82.7 %
Gearing1.1 %3.1 %0.7 %3.9 %2.7 %
Relative net indebtedness %10.1 %4.2 %7.7 %12.5 %8.8 %
Liquidity
Quick ratio5.44.55.93.66.5
Current ratio6.14.96.64.27.1
Cash and cash equivalents22.79123.5647.4452.4621.53
Capital use efficiency
Trade debtors turnover (days)48.439.752.965.149.0
Net working capital %63.2 %63.1 %70.6 %51.9 %63.9 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:15.9%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.7%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

Companies in the same industry

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