BACHES ApS — Credit Rating and Financial Key Figures

CVR number: 34482845
Mågevej 3, 2630 Taastrup
baches@baches.dk

Company information

Official name
BACHES ApS
Personnel
1 person
Established
2012
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-5.0273.98173.77255.7781.60
EBIT-5.0266.7998.47222.6942.11
Net earnings-4.3336.8231.37103.19-29.79
Shareholders equity total25.1862.0093.37196.56166.77
Balance sheet total (assets)33.693 754.914 770.596 471.296 619.08
Net debt-26.583 347.544 132.185 602.475 836.26
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)5.6052.3081.56169.6334.68
Solvency
Equity ratio74.8 %20.3 %33.8 %26.4 %25.4 %
Gearing9.0 %5650.6 %4681.5 %3034.1 %3652.8 %
Relative net indebtedness %
Liquidity
Quick ratio4.012.32.44.72.2
Current ratio4.02.41.22.01.2
Cash and cash equivalents28.83156.06239.06361.36255.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBAA

Variable visualization

ROA:0.64%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.4%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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