BTX GROUP A/S
Credit rating
Company information
About BTX GROUP A/S
BTX GROUP A/S (CVR number: 34281718) is a company from IKAST-BRANDE. The company reported a net sales of 252.4 mDKK in 2022, demonstrating a growth of 21.2 % compared to the previous year. The operating profit percentage was at 18.5 % (EBIT: 46.8 mDKK), while net earnings were 34.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 28.6 %, which can be considered excellent and Return on Equity (ROE) was 30.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -24 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. BTX GROUP A/S's liquidity measured by quick ratio was 0.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2021 | 2022 | |
---|---|---|---|
Volume | |||
Net sales | 208 294.00 | 252 447.00 | |
Gross profit | 54 577.00 | 111 156.00 | |
EBIT | -7 822.00 | 46 828.00 | |
Net earnings | -11 062.00 | 34 304.00 | |
Shareholders equity total | -73 854.00 | -43 722.00 | |
Balance sheet total (assets) | 84 084.00 | 138 691.00 | |
Net debt | 93 977.00 | 131 317.00 | |
Profitability | |||
EBIT-% | -3.8 % | 18.5 % | |
ROA | -4.9 % | 28.6 % | |
ROE | -13.2 % | 30.8 % | |
ROI | -6.4 % | 37.1 % | |
Economic value added (EVA) | - 107.28 | -5 276.72 | 44 907.99 |
Solvency | |||
Equity ratio | -46.8 % | -24.0 % | |
Gearing | -156.5 % | -310.5 % | |
Relative net indebtedness % | 65.5 % | 70.5 % | |
Liquidity | |||
Quick ratio | 0.4 | 0.2 | |
Current ratio | 0.6 | 0.5 | |
Cash and cash equivalents | 21 596.00 | 4 445.00 | |
Capital use efficiency | |||
Trade debtors turnover (days) | 21.1 | 25.3 | |
Net working capital % | -23.7 % | -28.8 % | |
Credit risk | |||
Credit rating | BB | BBB |
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