KØBENHAVNS BAGERAFDELING'S FOND — Credit Rating and Financial Key Figures
Credit rating
Company information
About KØBENHAVNS BAGERAFDELING'S FOND
KØBENHAVNS BAGERAFDELING'S FOND (CVR number: 21692212) is a company from KØBENHAVN. The company reported a net sales of 1 mDKK in 2024, demonstrating a growth of 3.7 % compared to the previous year. The operating profit percentage was poor at -0.9 % (EBIT: -0 mDKK), while net earnings were -142.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.1 %, 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. KØBENHAVNS BAGERAFDELING'S FOND's liquidity measured by quick ratio was 2.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 914.41 | 935.74 | 947.41 | 979.73 | 1 015.60 |
Gross profit | -3 469.79 | 554.34 | 529.53 | 402.14 | -8.72 |
EBIT | -3 469.79 | 554.34 | 529.53 | 402.14 | -8.72 |
Net earnings | -2 857.92 | 1 843.22 | 421.41 | - 142.40 | - 142.11 |
Shareholders equity total | 8 928.73 | 10 771.95 | 11 193.36 | 11 050.96 | 10 873.85 |
Balance sheet total (assets) | 21 305.59 | 23 967.10 | 24 206.37 | 23 969.16 | 23 570.47 |
Net debt | 9 924.04 | 9 698.21 | 9 343.10 | 9 038.20 | 9 285.88 |
Profitability | |||||
EBIT-% | -379.5 % | 59.2 % | 55.9 % | 41.0 % | -0.9 % |
ROA | -15.4 % | 2.5 % | 2.2 % | 1.7 % | -0.0 % |
ROE | -27.6 % | 18.7 % | 3.8 % | -1.3 % | -1.3 % |
ROI | -15.9 % | 2.5 % | 2.3 % | 1.7 % | -0.0 % |
Economic value added (EVA) | -3 551.95 | - 494.75 | - 373.77 | - 713.45 | -1 009.61 |
Solvency | |||||
Equity ratio | 41.9 % | 44.9 % | 46.2 % | 46.1 % | 46.1 % |
Gearing | 111.1 % | 94.0 % | 89.3 % | 89.3 % | 89.5 % |
Relative net indebtedness % | 1167.5 % | 1119.5 % | 1070.6 % | 1011.9 % | 996.6 % |
Liquidity | |||||
Quick ratio | 0.1 | 2.0 | 2.7 | 2.9 | 2.2 |
Current ratio | 0.1 | 2.0 | 2.7 | 2.9 | 2.2 |
Cash and cash equivalents | 423.72 | 651.02 | 826.66 | 448.99 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -78.4 % | 25.5 % | 47.4 % | 58.5 % | 25.2 % |
Credit risk | |||||
Credit rating | BBB | AA | AA | A | A |
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