BACHER WORK WEAR A/S — Credit Rating and Financial Key Figures

CVR number: 10626870
Kirstinehøj 5, 2770 Kastrup
tel: 32501213

Company information

Official name
BACHER WORK WEAR A/S
Personnel
84 persons
Established
1987
Company form
Limited company
Industry

About BACHER WORK WEAR A/S

BACHER WORK WEAR A/S (CVR number: 10626870) is a company from TÅRNBY. The company reported a net sales of 183 mDKK in 2023, demonstrating a growth of 2.5 % compared to the previous year. The operating profit percentage was at 3.8 % (EBIT: 7 mDKK), while net earnings were 5295.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 11.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 45.9 %, 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. BACHER WORK WEAR A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales110.05122.47131.41178.49182.95
Gross profit30.1229.2931.6936.4039.35
EBIT4.303.338.3710.147.01
Net earnings1.251.445.226.475.30
Shareholders equity total31.9533.4038.6244.0849.38
Balance sheet total (assets)109.72102.47110.84119.42107.49
Net debt43.3833.6939.2125.502.88
Profitability
EBIT-%3.9 %2.7 %6.4 %5.7 %3.8 %
ROA3.3 %3.2 %7.9 %8.9 %6.9 %
ROE4.0 %4.4 %14.5 %15.6 %11.3 %
ROI4.8 %4.6 %11.2 %13.5 %12.6 %
Economic value added (EVA)1.530.744.465.612.92
Solvency
Equity ratio29.1 %32.6 %34.8 %36.9 %45.9 %
Gearing136.8 %102.2 %102.5 %58.4 %6.9 %
Relative net indebtedness %69.8 %55.8 %54.3 %41.6 %30.9 %
Liquidity
Quick ratio0.70.70.81.01.0
Current ratio1.41.61.61.61.8
Cash and cash equivalents0.340.430.360.220.52
Capital use efficiency
Trade debtors turnover (days)108.067.064.656.080.1
Net working capital %28.0 %28.0 %29.4 %23.7 %24.2 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:6.93%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.9%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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