BACHES ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BACHES ApS
BACHES ApS (CVR number: 34482845) is a company from Høje-Taastrup. The company recorded a gross profit of 81.6 kDKK in 2023. The operating profit was 42.1 kDKK, while net earnings were -29.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -16.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.4 %, 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. BACHES ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.02 | 73.98 | 173.77 | 255.77 | 81.60 |
EBIT | -5.02 | 66.79 | 98.47 | 222.69 | 42.11 |
Net earnings | -4.33 | 36.82 | 31.37 | 103.19 | -29.79 |
Shareholders equity total | 25.18 | 62.00 | 93.37 | 196.56 | 166.77 |
Balance sheet total (assets) | 33.69 | 3 754.91 | 4 770.59 | 6 471.29 | 6 619.08 |
Net debt | -26.58 | 3 347.54 | 4 132.18 | 5 602.47 | 5 836.26 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.5 % | 3.5 % | 2.3 % | 4.0 % | 0.6 % |
ROE | -15.8 % | 84.5 % | 40.4 % | 71.2 % | -16.4 % |
ROI | -2.7 % | 3.6 % | 2.4 % | 4.1 % | 0.7 % |
Economic value added (EVA) | 5.60 | 52.30 | 81.56 | 169.63 | 34.68 |
Solvency | |||||
Equity ratio | 74.8 % | 20.3 % | 33.8 % | 26.4 % | 25.4 % |
Gearing | 9.0 % | 5650.6 % | 4681.5 % | 3034.1 % | 3652.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.0 | 12.3 | 2.4 | 4.7 | 2.2 |
Current ratio | 4.0 | 2.4 | 1.2 | 2.0 | 1.2 |
Cash and cash equivalents | 28.83 | 156.06 | 239.06 | 361.36 | 255.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | A | A |
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