BAGERMESTER JOHAN FREDERIK ASCHENGREENS LEGAT — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 178.12 | 3 038.64 | 2 966.07 | 2 901.65 | 3 100.20 |
Gross profit | 2 306.63 | 2 197.40 | 1 966.86 | 1 997.25 | 2 206.06 |
EBIT | 1 446.15 | 1 348.11 | 1 202.20 | 1 203.16 | 1 364.37 |
Net earnings | 6 157.66 | 1 255.33 | 1 060.56 | 1 092.50 | 1 185.65 |
Shareholders equity total | 25 173.39 | 25 558.72 | 26 029.28 | 26 141.79 | 26 437.44 |
Balance sheet total (assets) | 35 112.03 | 35 299.41 | 36 052.33 | 36 283.34 | 36 945.48 |
Net debt | 3 229.19 | 3 086.95 | 2 527.45 | 2 276.67 | 2 309.77 |
Profitability | |||||
EBIT-% | 45.5 % | 44.4 % | 40.5 % | 41.5 % | 44.0 % |
ROA | 19.2 % | 3.9 % | 3.4 % | 3.4 % | 3.8 % |
ROE | 27.5 % | 4.9 % | 4.1 % | 4.2 % | 4.5 % |
ROI | 19.9 % | 4.0 % | 3.5 % | 3.5 % | 3.9 % |
Economic value added (EVA) | 49.90 | - 402.77 | - 598.94 | - 586.75 | - 415.03 |
Solvency | |||||
Equity ratio | 73.2 % | 73.9 % | 73.7 % | 73.5 % | 73.0 % |
Gearing | 17.7 % | 16.5 % | 15.3 % | 14.3 % | 13.5 % |
Relative net indebtedness % | 151.2 % | 154.3 % | 142.4 % | 136.6 % | 139.6 % |
Liquidity | |||||
Quick ratio | 16.7 | 15.5 | 14.3 | 14.8 | 8.6 |
Current ratio | 4.2 | 4.4 | 4.5 | 4.8 | 3.8 |
Cash and cash equivalents | 1 226.94 | 1 127.93 | 1 449.98 | 1 462.38 | 1 248.41 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 95.2 % | 106.9 % | 123.4 % | 133.4 % | 117.3 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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