Bico Concept A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Bico Concept A/S
Bico Concept A/S (CVR number: 39012480) is a company from KØGE. The company recorded a gross profit of 723.3 kDKK in 2023. The operating profit was -42.8 kDKK, while net earnings were -692.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -38.3 %, which can be considered poor and Return on Equity (ROE) was -63.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75 %, 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. Bico Concept A/S's liquidity measured by quick ratio was 4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 055.62 | 1 252.37 | 1 882.84 | 33.46 | 723.33 |
EBIT | 319.08 | 516.54 | 1 114.01 | - 736.86 | -42.85 |
Net earnings | 230.40 | 380.06 | 841.98 | - 593.38 | - 692.89 |
Shareholders equity total | 801.29 | 1 181.35 | 2 023.33 | 1 429.94 | 737.06 |
Balance sheet total (assets) | 1 746.23 | 2 058.46 | 4 875.20 | 1 848.50 | 983.27 |
Net debt | -1 494.42 | -1 029.27 | -1 511.03 | - 427.38 | - 613.62 |
Profitability | |||||
EBIT-% | |||||
ROA | 25.2 % | 27.2 % | 32.1 % | -21.9 % | -38.3 % |
ROE | 33.6 % | 38.3 % | 52.5 % | -34.4 % | -63.9 % |
ROI | 43.0 % | 46.9 % | 64.9 % | -41.3 % | -50.1 % |
Economic value added (EVA) | 254.42 | 440.02 | 862.50 | - 599.24 | -55.68 |
Solvency | |||||
Equity ratio | 45.9 % | 57.4 % | 41.5 % | 77.4 % | 75.0 % |
Gearing | 12.5 % | 8.5 % | 5.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 2.1 | 1.7 | 2.9 | 4.0 |
Current ratio | 1.8 | 2.1 | 1.7 | 2.9 | 4.0 |
Cash and cash equivalents | 1 594.42 | 1 129.27 | 1 611.88 | 427.38 | 613.62 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | BBB |
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