BSH HVIDEVARER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BSH HVIDEVARER A/S
BSH HVIDEVARER A/S (CVR number: 20173173) is a company from BALLERUP. The company reported a net sales of 872.7 mDKK in 2023, demonstrating a decline of -4.6 % compared to the previous year. The operating profit percentage was at 2.6 % (EBIT: 22.9 mDKK), while net earnings were 20.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good but Return on Equity (ROE) was 26.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. BSH HVIDEVARER A/S's liquidity measured by quick ratio was 1.6 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 101.06 | 1 166.74 | 1 152.63 | 915.10 | 872.70 |
Gross profit | 110.44 | 125.70 | 133.09 | 121.94 | 107.76 |
EBIT | 24.42 | 39.62 | 41.20 | 36.23 | 22.92 |
Net earnings | 19.10 | 30.92 | 32.18 | 28.69 | 20.41 |
Shareholders equity total | 73.08 | 104.00 | 90.18 | 86.37 | 66.28 |
Balance sheet total (assets) | 238.34 | 293.21 | 292.79 | 280.45 | 225.73 |
Net debt | 77.81 | 77.08 | 77.98 | 89.95 | 70.27 |
Profitability | |||||
EBIT-% | 2.2 % | 3.4 % | 3.6 % | 4.0 % | 2.6 % |
ROA | 9.4 % | 15.0 % | 14.2 % | 12.9 % | 10.4 % |
ROE | 25.0 % | 34.9 % | 33.1 % | 32.5 % | 26.7 % |
ROI | 10.9 % | 17.6 % | 18.0 % | 17.7 % | 14.3 % |
Economic value added (EVA) | 14.96 | 27.18 | 26.82 | 23.59 | 13.49 |
Solvency | |||||
Equity ratio | 30.7 % | 35.5 % | 30.8 % | 30.8 % | 29.4 % |
Gearing | 106.5 % | 74.1 % | 86.5 % | 104.2 % | 106.0 % |
Relative net indebtedness % | 10.6 % | 11.0 % | 13.8 % | 17.9 % | 15.6 % |
Liquidity | |||||
Quick ratio | 2.0 | 2.4 | 1.8 | 1.7 | 1.6 |
Current ratio | 2.1 | 2.4 | 1.8 | 1.7 | 1.6 |
Cash and cash equivalents | 0.00 | 0.01 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 47.7 | 28.7 | 37.3 | 55.5 | 87.7 |
Net working capital % | 11.1 % | 14.7 % | 11.6 % | 12.6 % | 10.1 % |
Credit risk | |||||
Credit rating | A | AA | A | A | BBB |
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