BAGERMESTER JOHAN FREDERIK ASCHENGREENS LEGAT — Credit Rating and Financial Key Figures

CVR number: 20020512
Granbakken 44, 3400 Hillerød
administrationen@aschengreenslegat.dk
tel: 24861401

Company information

Official name
BAGERMESTER JOHAN FREDERIK ASCHENGREENS LEGAT
Personnel
4 persons
Established
1999
Industry

About BAGERMESTER JOHAN FREDERIK ASCHENGREENS LEGAT

BAGERMESTER JOHAN FREDERIK ASCHENGREENS LEGAT (CVR number: 20020512) is a company from HILLERØD. The company reported a net sales of 3.1 mDKK in 2023, demonstrating a growth of 6.8 % compared to the previous year. The operating profit percentage was at 44 % (EBIT: 1.4 mDKK), while net earnings were 1185.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 73 %, 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. BAGERMESTER JOHAN FREDERIK ASCHENGREENS LEGAT's liquidity measured by quick ratio was 8.6 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 sales3 178.123 038.642 966.072 901.653 100.20
Gross profit2 306.632 197.401 966.861 997.252 206.06
EBIT1 446.151 348.111 202.201 203.161 364.37
Net earnings6 157.661 255.331 060.561 092.501 185.65
Shareholders equity total25 173.3925 558.7226 029.2826 141.7926 437.44
Balance sheet total (assets)35 112.0335 299.4136 052.3336 283.3436 945.48
Net debt3 229.193 086.952 527.452 276.672 309.77
Profitability
EBIT-%45.5 %44.4 %40.5 %41.5 %44.0 %
ROA19.2 %3.9 %3.4 %3.4 %3.8 %
ROE27.5 %4.9 %4.1 %4.2 %4.5 %
ROI19.9 %4.0 %3.5 %3.5 %3.9 %
Economic value added (EVA)49.90- 402.77- 598.94- 586.75- 415.03
Solvency
Equity ratio73.2 %73.9 %73.7 %73.5 %73.0 %
Gearing17.7 %16.5 %15.3 %14.3 %13.5 %
Relative net indebtedness %151.2 %154.3 %142.4 %136.6 %139.6 %
Liquidity
Quick ratio16.715.514.314.88.6
Current ratio4.24.44.54.83.8
Cash and cash equivalents1 226.941 127.931 449.981 462.381 248.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %95.2 %106.9 %123.4 %133.4 %117.3 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:3.78%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.0%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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