KAREN & BENNY BACH HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 19368270
Langelinie 6 C, 8700 Horsens
tel: 75614079

Credit rating

Company information

Official name
KAREN & BENNY BACH HOLDING A/S
Established
1996
Company form
Limited company
Industry

About KAREN & BENNY BACH HOLDING A/S

KAREN & BENNY BACH HOLDING A/S (CVR number: 19368270) is a company from HORSENS. The company recorded a gross profit of -144.9 kDKK in 2020. The operating profit was -144.9 kDKK, while net earnings were 99.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KAREN & BENNY BACH HOLDING A/S's liquidity measured by quick ratio was 39.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales
Gross profit- 108.36- 109.33- 113.31-88.31- 144.86
EBIT- 108.36- 109.33- 113.31-88.31- 144.86
Net earnings3 334.361 796.15- 929.042 843.4599.89
Shareholders equity total72 059.1270 855.2769 926.2472 769.6947 869.57
Balance sheet total (assets)72 262.5270 895.2769 966.2473 095.1349 104.16
Net debt-72 096.23-70 259.74-68 421.73-72 885.99-47 756.25
Profitability
EBIT-%
ROA5.9 %4.2 %4.7 %5.2 %1.2 %
ROE4.6 %2.5 %-1.3 %4.0 %0.2 %
ROI6.0 %4.2 %4.7 %5.2 %1.3 %
Economic value added (EVA)-84.41-83.35- 118.88- 144.49-96.52
Solvency
Equity ratio99.7 %99.9 %99.9 %99.6 %97.5 %
Gearing2.4 %
Relative net indebtedness %
Liquidity
Quick ratio355.31 772.41 749.2224.639.8
Current ratio355.31 772.41 749.2224.639.8
Cash and cash equivalents72 096.2370 259.7468 421.7372 885.9948 902.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.25%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.5%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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