BAYER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BAYER A/S
BAYER A/S (CVR number: 16089818) is a company from KØBENHAVN. The company reported a net sales of 1284.6 mDKK in 2023, demonstrating a decline of -14.8 % compared to the previous year. The operating profit percentage was at 4.1 % (EBIT: 53 mDKK), while net earnings were 43.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good and Return on Equity (ROE) was 14.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 60.7 %, 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. BAYER A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 375.65 | 1 406.15 | 1 331.97 | 1 507.58 | 1 284.56 |
Gross profit | 143.61 | 159.53 | 153.96 | 179.85 | 154.38 |
EBIT | 34.81 | 52.08 | 53.70 | 66.18 | 52.97 |
Net earnings | 29.25 | 53.35 | 43.13 | 51.75 | 43.40 |
Shareholders equity total | 184.45 | 187.80 | 237.04 | 288.79 | 318.59 |
Balance sheet total (assets) | 490.65 | 579.34 | 640.59 | 578.88 | 525.21 |
Net debt | 80.14 | 275.55 | 262.18 | 151.17 | 96.52 |
Profitability | |||||
EBIT-% | 2.5 % | 3.7 % | 4.0 % | 4.4 % | 4.1 % |
ROA | 9.7 % | 13.1 % | 10.0 % | 11.5 % | 10.5 % |
ROE | 17.2 % | 28.7 % | 20.3 % | 19.7 % | 14.3 % |
ROI | 16.5 % | 18.6 % | 12.4 % | 14.7 % | 13.4 % |
Economic value added (EVA) | 18.64 | 64.02 | 32.99 | 38.59 | 26.41 |
Solvency | |||||
Equity ratio | 37.6 % | 32.4 % | 37.0 % | 49.9 % | 60.7 % |
Gearing | 45.4 % | 146.7 % | 110.6 % | 52.3 % | 30.3 % |
Relative net indebtedness % | 22.0 % | 27.8 % | 30.3 % | 19.2 % | 16.0 % |
Liquidity | |||||
Quick ratio | 0.9 | 0.5 | 0.6 | 0.9 | 1.5 |
Current ratio | 1.6 | 1.5 | 1.6 | 2.0 | 2.5 |
Cash and cash equivalents | 3.58 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 64.1 | 21.8 | 22.8 | 24.5 | 15.8 |
Net working capital % | 12.6 % | 13.2 % | 17.0 % | 18.1 % | 23.8 % |
Credit risk | |||||
Credit rating | A | AA | AA | AAA | AAA |
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