BKI FOODS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BKI FOODS A/S
BKI FOODS A/S (CVR number: 56312412K) is a company from AARHUS. The company reported a net sales of 832.6 mDKK in 2023, demonstrating a growth of 16.9 % compared to the previous year. The operating profit percentage was at 0.9 % (EBIT: 7.1 mDKK), while net earnings were 2200.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 47.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. BKI FOODS A/S's liquidity measured by quick ratio was 0.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 570.91 | 581.97 | 594.03 | 712.41 | 832.60 |
Gross profit | 570.91 | 581.97 | 594.03 | 167.91 | 193.62 |
EBIT | 14.32 | 9.90 | 20.32 | 5.40 | 7.08 |
Net earnings | 14.17 | 11.77 | 14.53 | 1.92 | 2.20 |
Shareholders equity total | 242.93 | 246.86 | 261.30 | 262.81 | 265.06 |
Balance sheet total (assets) | 477.06 | 438.81 | 482.91 | 518.52 | 557.50 |
Net debt | 149.74 | 137.47 | |||
Profitability | |||||
EBIT-% | 2.5 % | 1.7 % | 3.4 % | 0.8 % | 0.9 % |
ROA | 3.1 % | 2.2 % | 4.4 % | 1.1 % | 1.3 % |
ROE | 5.9 % | 4.8 % | 5.7 % | 0.7 % | 0.8 % |
ROI | 3.5 % | 2.2 % | 4.4 % | 1.2 % | 1.7 % |
Economic value added (EVA) | 1.75 | -2.31 | 7.92 | -9.70 | -7.55 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 50.7 % | 47.5 % |
Gearing | 58.0 % | 53.4 % | |||
Relative net indebtedness % | 34.4 % | 33.8 % | |||
Liquidity | |||||
Quick ratio | 0.6 | 0.6 | |||
Current ratio | 1.5 | 1.6 | |||
Cash and cash equivalents | 2.70 | 4.14 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 66.8 | 65.4 | |||
Net working capital % | 17.0 % | 18.0 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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