Bila Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Bila Group A/S
Bila Group A/S (CVR number: 30738497K) is a company from MORSØ. The company reported a net sales of 1250.8 mDKK in 2024, demonstrating a decline of -3.3 % compared to the previous year. The operating profit percentage was at 10 % (EBIT: 125.1 mDKK), while net earnings were 91.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15 %, which can be considered good but Return on Equity (ROE) was 29.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.8 %, 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. Bila Group A/S's liquidity measured by quick ratio was 2.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 492.85 | 668.73 | 1 170.02 | 1 293.10 | 1 250.78 |
Gross profit | 216.22 | 294.38 | 453.76 | 555.45 | 588.69 |
EBIT | 35.63 | 47.13 | 89.42 | 109.35 | 125.09 |
Net earnings | 25.63 | 36.04 | 65.59 | 77.98 | 91.69 |
Shareholders equity total | 149.42 | 199.15 | 253.21 | 317.51 | 388.26 |
Balance sheet total (assets) | 326.01 | 653.33 | 834.52 | 874.75 | 877.47 |
Net debt | -33.23 | 1.94 | -11.01 | ||
Profitability | |||||
EBIT-% | 7.2 % | 7.0 % | 7.6 % | 8.5 % | 10.0 % |
ROA | 12.2 % | 9.6 % | 12.0 % | 13.2 % | 15.0 % |
ROE | 17.9 % | 20.7 % | 29.0 % | 29.4 % | 29.5 % |
ROI | 14.5 % | 9.6 % | 12.0 % | 17.4 % | 27.0 % |
Economic value added (EVA) | 30.02 | 39.63 | 79.42 | 70.14 | 81.64 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 90.5 % | 43.4 % | 53.8 % |
Gearing | 25.7 % | 11.9 % | |||
Relative net indebtedness % | -2.8 % | 32.2 % | 29.6 % | ||
Liquidity | |||||
Quick ratio | 2.0 | 2.5 | |||
Current ratio | 1.7 | 1.9 | |||
Cash and cash equivalents | 33.23 | 79.65 | 57.26 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 76.6 | 80.8 | |||
Net working capital % | 2.8 % | 21.1 % | 25.1 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AAA |
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