BIOMAR GROUP A/S
Credit rating
Company information
About BIOMAR GROUP A/S
BIOMAR GROUP A/S (CVR number: 38570617) is a company from AARHUS. The company reported a net sales of 950.8 mDKK in 2018, demonstrating a decline of -9.2 % compared to the previous year. The operating profit percentage was at 43.1 % (EBIT: 409.8 mDKK), while net earnings were 403.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good but Return on Equity (ROE) was 16.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.3 %, 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. BIOMAR GROUP A/S's liquidity measured by quick ratio was 0.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | 1 413.09 | 1 047.19 | 950.82 |
Gross profit | 56.48 | 61.87 | 61.90 |
EBIT | -27.93 | 469.66 | 409.82 |
Net earnings | 432.52 | 461.81 | 403.35 |
Shareholders equity total | 2 342.93 | 2 399.48 | 2 556.12 |
Balance sheet total (assets) | 3 235.54 | 3 733.49 | 3 913.85 |
Net debt | 249.85 | 989.93 | 958.04 |
Profitability | |||
EBIT-% | -2.0 % | 44.8 % | 43.1 % |
ROA | -0.4 % | 13.5 % | 10.8 % |
ROE | 18.5 % | 19.5 % | 16.3 % |
ROI | -0.5 % | 15.8 % | 11.9 % |
Economic value added (EVA) | -28.48 | 569.26 | 531.01 |
Solvency | |||
Equity ratio | 78.5 % | 64.3 % | 65.3 % |
Gearing | 10.7 % | 41.3 % | 37.5 % |
Relative net indebtedness % | 45.5 % | 127.4 % | 142.8 % |
Liquidity | |||
Quick ratio | 1.0 | 0.5 | 0.5 |
Current ratio | 1.0 | 0.5 | 0.5 |
Cash and cash equivalents | 0.15 | 0.15 | 0.07 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | 2.2 % | -44.0 % | -48.9 % |
Credit risk | |||
Credit rating | BBB | A | A |
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