BIOMAR A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BIOMAR A/S
BIOMAR A/S (CVR number: 37820318) is a company from IKAST-BRANDE. The company reported a net sales of 1360 mDKK in 2024, demonstrating a growth of 4 % compared to the previous year. The operating profit percentage was at 7 % (EBIT: 94.7 mDKK), while net earnings were 70 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18 %, which can be considered excellent and Return on Equity (ROE) was 44.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.7 %, 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. BIOMAR A/S's liquidity measured by quick ratio was 0.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 215.22 | 1 270.22 | 1 257.03 | 1 307.66 | 1 359.98 |
Gross profit | 117.20 | 174.95 | 120.91 | 154.53 | 212.31 |
EBIT | 89.57 | 62.68 | 12.70 | 47.37 | 94.72 |
Net earnings | 88.16 | 76.49 | -5.91 | 41.29 | 69.97 |
Shareholders equity total | 195.69 | 201.05 | 107.76 | 145.33 | 169.89 |
Balance sheet total (assets) | 503.39 | 594.61 | 593.24 | 555.17 | 535.53 |
Net debt | 232.63 | 336.13 | 259.28 | 140.59 | |
Profitability | |||||
EBIT-% | 4.9 % | 1.0 % | 3.6 % | 7.0 % | |
ROA | 16.8 % | 0.6 % | 10.7 % | 18.0 % | |
ROE | 38.6 % | -3.8 % | 32.6 % | 44.4 % | |
ROI | 19.4 % | 0.8 % | 14.1 % | 26.5 % | |
Economic value added (EVA) | 79.36 | 38.93 | -11.81 | 14.37 | 53.08 |
Solvency | |||||
Equity ratio | 33.8 % | 18.2 % | 26.2 % | 31.7 % | |
Gearing | 116.1 % | 312.0 % | 178.5 % | 82.9 % | |
Relative net indebtedness % | 30.0 % | 37.7 % | 30.4 % | 25.9 % | |
Liquidity | |||||
Quick ratio | 0.5 | 0.3 | 0.4 | 0.5 | |
Current ratio | 0.8 | 0.7 | 0.9 | 1.0 | |
Cash and cash equivalents | 0.73 | 0.09 | 0.18 | 0.27 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 14.4 | 17.9 | 17.2 | 20.6 | |
Net working capital % | -6.7 % | -9.2 % | -3.8 % | -1.0 % | |
Credit risk | |||||
Credit rating | AA | A | AA | AA |
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