BANG OLSEN HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 29600503
Søvej 4, 2880 Bagsværd
anders@bangolsen.dk

Company information

Official name
BANG OLSEN HOLDING A/S
Established
2006
Company form
Limited company
Industry

About BANG OLSEN HOLDING A/S

BANG OLSEN HOLDING A/S (CVR number: 29600503) is a company from GLADSAXE. The company recorded a gross profit of -52.6 kDKK in 2018. The operating profit was -52.6 kDKK, while net earnings were -2272.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was -8.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BANG OLSEN HOLDING A/S's liquidity measured by quick ratio was 367.8 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
Volume
Net sales
Gross profit1 322.23-70.40-52.60
EBIT1 113.75-1 181.62-52.60
Net earnings325.101 844.17-2 272.50
Shareholders equity total24 905.0026 749.1724 476.67
Balance sheet total (assets)24 964.1626 815.8324 543.33
Net debt-17 081.64-21 538.33-19 101.37
Profitability
EBIT-%
ROA5.9 %8.7 %3.8 %
ROE1.3 %7.1 %-8.9 %
ROI5.9 %8.7 %3.8 %
Economic value added (EVA)980.84-1 365.30- 306.60
Solvency
Equity ratio99.8 %99.8 %99.7 %
Gearing0.1 %0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio326.1387.1367.8
Current ratio326.1387.1367.8
Cash and cash equivalents17 110.8121 567.5019 130.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.76%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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