BAVARIA Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BAVARIA Holding A/S
BAVARIA Holding A/S (CVR number: 26534275) is a company from AARHUS. The company reported a net sales of 7.4 mDKK in 2023, demonstrating a growth of -300.6 % compared to the previous year. The operating profit percentage was at 99.8 % (EBIT: 7.3 mDKK), while net earnings were 7457.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.3 %, which can be considered excellent and Return on Equity (ROE) was 33.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BAVARIA Holding A/S's liquidity measured by quick ratio was 2.6 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 975.35 | 802.35 | 1 255.31 | -3 663.78 | 7 350.65 |
Gross profit | 953.24 | 779.48 | 1 237.92 | -3 683.66 | 7 333.61 |
EBIT | 953.24 | 779.48 | 1 237.92 | -3 683.66 | 7 333.61 |
Net earnings | 1 163.42 | 861.15 | 1 331.60 | -3 632.58 | 7 457.93 |
Shareholders equity total | 22 331.15 | 21 740.22 | 21 871.82 | 18 239.24 | 25 697.17 |
Balance sheet total (assets) | 22 481.19 | 21 782.55 | 23 503.90 | 20 665.53 | 30 772.69 |
Net debt | - 595.82 | -2 374.46 | -6 021.49 | 2 353.01 | 2 468.88 |
Profitability | |||||
EBIT-% | 97.7 % | 97.1 % | 98.6 % | 99.8 % | |
ROA | 5.3 % | 4.1 % | 6.7 % | -16.1 % | 29.3 % |
ROE | 5.3 % | 3.9 % | 6.1 % | -18.1 % | 33.9 % |
ROI | 5.3 % | 4.1 % | 6.8 % | -16.1 % | 29.4 % |
Economic value added (EVA) | 422.79 | 244.66 | 794.13 | -3 709.46 | 6 906.46 |
Solvency | |||||
Equity ratio | 99.3 % | 99.8 % | 93.1 % | 88.3 % | 83.5 % |
Gearing | 0.6 % | 7.2 % | 13.2 % | 19.6 % | |
Relative net indebtedness % | -59.0 % | -290.7 % | -474.9 % | -64.9 % | 34.2 % |
Liquidity | |||||
Quick ratio | 74.3 | 110.9 | 5.9 | 4.3 | 2.6 |
Current ratio | 74.3 | 110.9 | 5.9 | 4.3 | 2.6 |
Cash and cash equivalents | 725.73 | 2 374.46 | 7 593.73 | 49.48 | 2 561.39 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 1127.2 % | 579.9 % | 631.6 % | -217.3 % | 109.8 % |
Credit risk | |||||
Credit rating | AA | A | AA | BBB | AA |
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