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BIOMAR GROUP A/S — Credit Rating and Financial Key Figures
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 financials2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 631.67 | 929.46 | 1 413.09 | 1 047.19 | 950.82 |
| Gross profit | 42.15 | 53.53 | 56.48 | 61.87 | 61.90 |
| EBIT | -12.91 | -8.20 | -27.93 | 469.66 | 409.82 |
| Net earnings | -76.11 | 275.68 | 432.52 | 461.81 | 403.35 |
| Shareholders equity total | 505.82 | 2 120.05 | 2 342.93 | 2 399.48 | 2 556.12 |
| Balance sheet total (assets) | 1 994.26 | 3 361.89 | 3 235.54 | 3 733.49 | 3 913.85 |
| Net debt | 394.63 | 249.85 | 989.93 | 958.04 | |
| Profitability | |||||
| EBIT-% | -0.9 % | -2.0 % | 44.8 % | 43.1 % | |
| ROA | 3.0 % | 0.8 % | -0.4 % | 13.5 % | 10.8 % |
| ROE | -15.0 % | 21.0 % | 19.4 % | 19.5 % | 16.3 % |
| ROI | 5.6 % | 1.1 % | -0.5 % | 15.8 % | 11.9 % |
| Economic value added (EVA) | -9.17 | -62.95 | - 160.64 | 346.68 | 243.49 |
| Solvency | |||||
| Equity ratio | 25.4 % | 63.1 % | 72.4 % | 64.3 % | 65.3 % |
| Gearing | 112.5 % | 24.1 % | 10.7 % | 41.3 % | 37.5 % |
| Relative net indebtedness % | 233.5 % | 121.2 % | 63.2 % | 127.4 % | 142.8 % |
| Liquidity | |||||
| Quick ratio | 0.9 | 1.2 | 1.0 | 0.5 | 0.5 |
| Current ratio | 0.9 | 1.2 | 1.0 | 0.5 | 0.5 |
| Cash and cash equivalents | 13.67 | 115.38 | 0.15 | 0.15 | 0.07 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | -12.7 % | 17.5 % | 2.2 % | -44.0 % | -48.9 % |
| Credit risk | |||||
| Credit rating | A | A | A | A |
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