VALD. BIRN A/S — Credit Rating and Financial Key Figures

CVR number: 26681111
Frøjkvej 75, 7500 Holstebro
mail@birn.dk
tel: 99102040

Credit rating

Company information

Official name
VALD. BIRN A/S
Personnel
564 persons
Established
1941
Company form
Limited company
Industry
  • Expand more icon24Manufacture of basic metals

About VALD. BIRN A/S

VALD. BIRN A/S (CVR number: 26681111K) is a company from HOLSTEBRO. The company reported a net sales of 1432.5 mDKK in 2023, demonstrating a decline of -5.5 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 47.8 mDKK), while net earnings were 47.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 58.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VALD. BIRN 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales955.40778.781 150.931 515.311 432.47
Gross profit955.40778.781 150.93150.82184.22
EBIT-15.76-42.510.9424.4647.82
Net earnings-1.60-8.286.0322.9447.42
Shareholders equity total438.94431.36436.96457.90500.54
Balance sheet total (assets)659.85647.00798.74857.95853.56
Net debt-11.40143.5580.06
Profitability
EBIT-%-1.6 %-5.5 %0.1 %1.6 %3.3 %
ROA-2.3 %-6.5 %0.1 %3.0 %5.9 %
ROE-0.4 %-1.9 %1.4 %5.1 %9.9 %
ROI-2.3 %-6.5 %0.1 %3.5 %7.8 %
Economic value added (EVA)-38.42-64.56-20.74-5.5313.66
Solvency
Equity ratio100.0 %100.0 %100.0 %53.4 %58.6 %
Gearing35.8 %24.3 %
Relative net indebtedness %-1.0 %23.8 %20.1 %
Liquidity
Quick ratio0.60.7
Current ratio1.41.6
Cash and cash equivalents11.4020.5841.69
Capital use efficiency
Trade debtors turnover (days)49.445.2
Net working capital %1.0 %11.1 %14.9 %
Credit risk
Credit ratingBBBBBBAAAAAAA

Variable visualization

ROA:5.86%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.6%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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