BAVARIA Holding A/S — Credit Rating and Financial Key Figures

CVR number: 26534275
Søndergade 2, 8000 Aarhus C

Company information

Official name
BAVARIA Holding A/S
Established
2002
Company form
Limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales975.35802.351 255.31-3 663.787 350.65
Gross profit953.24779.481 237.92-3 683.667 333.61
EBIT953.24779.481 237.92-3 683.667 333.61
Net earnings1 163.42861.151 331.60-3 632.587 457.93
Shareholders equity total22 331.1521 740.2221 871.8218 239.2425 697.17
Balance sheet total (assets)22 481.1921 782.5523 503.9020 665.5330 772.69
Net debt- 595.82-2 374.46-6 021.492 353.012 468.88
Profitability
EBIT-%97.7 %97.1 %98.6 %99.8 %
ROA5.3 %4.1 %6.7 %-16.1 %29.3 %
ROE5.3 %3.9 %6.1 %-18.1 %33.9 %
ROI5.3 %4.1 %6.8 %-16.1 %29.4 %
Economic value added (EVA)422.79244.66794.13-3 709.466 906.46
Solvency
Equity ratio99.3 %99.8 %93.1 %88.3 %83.5 %
Gearing0.6 %7.2 %13.2 %19.6 %
Relative net indebtedness %-59.0 %-290.7 %-474.9 %-64.9 %34.2 %
Liquidity
Quick ratio74.3110.95.94.32.6
Current ratio74.3110.95.94.32.6
Cash and cash equivalents725.732 374.467 593.7349.482 561.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1127.2 %579.9 %631.6 %-217.3 %109.8 %
Credit risk
Credit ratingAAAAABBBAA

Variable visualization

ROA:29.3%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.5%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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