BETANIAFORENINGEN I DANMARK — Credit Rating and Financial Key Figures
Credit rating
Company information
About BETANIAFORENINGEN I DANMARK
BETANIAFORENINGEN I DANMARK (CVR number: 72458613) is a company from AARHUS. The company reported a net sales of 6.8 mDKK in 2023, demonstrating a growth of 4.1 % compared to the previous year. The operating profit percentage was at 8 % (EBIT: 0.5 mDKK), while net earnings were 9764.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good and Return on Equity (ROE) was 13.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 76.6 %, 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. BETANIAFORENINGEN I DANMARK's liquidity measured by quick ratio was 10.2 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 | 6 475.19 | 6 416.59 | 6 320.53 | 6 496.65 | 6 765.44 |
Gross profit | 1 793.60 | 4 140.37 | 3 865.99 | 4 202.55 | 3 013.86 |
EBIT | 787.93 | 4 163.36 | 4 084.39 | 4 607.43 | 538.24 |
Net earnings | - 217.24 | 3 378.14 | 3 468.55 | 3 640.67 | 9 764.54 |
Shareholders equity total | 60 181.23 | 62 792.96 | 65 247.10 | 67 548.12 | 75 942.57 |
Balance sheet total (assets) | 96 418.15 | 98 020.96 | 99 419.31 | 100 753.19 | 99 474.61 |
Net debt | 24 019.08 | 21 502.90 | 19 282.95 | 16 828.41 | 7 238.07 |
Profitability | |||||
EBIT-% | 12.2 % | 64.9 % | 64.6 % | 70.9 % | 8.0 % |
ROA | 0.9 % | 4.3 % | 4.1 % | 4.8 % | 11.8 % |
ROE | -0.4 % | 5.5 % | 5.4 % | 5.5 % | 13.6 % |
ROI | 0.9 % | 4.4 % | 4.2 % | 4.9 % | 12.0 % |
Economic value added (EVA) | -3 172.08 | 265.75 | 2 794.08 | 3 427.48 | - 516.42 |
Solvency | |||||
Equity ratio | 61.1 % | 64.3 % | 65.8 % | 67.3 % | 76.6 % |
Gearing | 57.7 % | 53.8 % | 50.2 % | 46.9 % | 29.0 % |
Relative net indebtedness % | 394.2 % | 358.0 % | 327.9 % | 282.3 % | 129.1 % |
Liquidity | |||||
Quick ratio | 10.0 | 5.7 | 6.3 | 6.6 | 10.2 |
Current ratio | 7.7 | 4.9 | 5.4 | 5.8 | 8.4 |
Cash and cash equivalents | 10 714.31 | 12 257.06 | 13 447.69 | 14 865.35 | 14 795.83 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 146.0 % | 154.8 % | 177.1 % | 63.0 % | 9.4 % |
Credit risk | |||||
Credit rating | AA | AAA | AA | AA | AA |
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