Bjørn Caning's Eftf. A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Bjørn Caning's Eftf. A/S
Bjørn Caning's Eftf. A/S (CVR number: 27066860) is a company from BRØNDBY. The company reported a net sales of 1057.6 mDKK in 2023, demonstrating a growth of 497.6 % compared to the previous year. The operating profit percentage was at 1.2 % (EBIT: 12.5 mDKK), while net earnings were 7981.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good but Return on Equity (ROE) was 21.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31 %, 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. Bjørn Caning's Eftf. A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 176 984.90 | 1 057 602.94 | |||
Gross profit | 19 584.22 | 22 188.59 | 28 011.18 | 13 833.79 | 42 085.02 |
EBIT | 7 412.10 | 8 359.31 | 14 045.35 | 5 761.03 | 12 532.27 |
Net earnings | 5 510.82 | 5 711.74 | 8 604.37 | 3 287.62 | 7 981.32 |
Shareholders equity total | 10 158.74 | 13 870.49 | 20 974.86 | 33 509.12 | 41 490.44 |
Balance sheet total (assets) | 44 950.73 | 48 050.48 | 80 040.95 | 118 435.92 | 143 922.21 |
Net debt | 15 507.04 | 6 831.24 | 24 151.59 | 58 787.73 | 68 453.30 |
Profitability | |||||
EBIT-% | 3.3 % | 1.2 % | |||
ROA | 19.6 % | 18.6 % | 21.9 % | 5.8 % | 9.6 % |
ROE | 67.6 % | 47.5 % | 49.4 % | 12.1 % | 21.3 % |
ROI | 34.8 % | 33.2 % | 39.2 % | 8.1 % | 12.2 % |
Economic value added (EVA) | 5 498.42 | 6 008.62 | 10 370.43 | 2 590.25 | 7 838.19 |
Solvency | |||||
Equity ratio | 24.7 % | 31.7 % | 27.6 % | 29.1 % | 31.0 % |
Gearing | 154.0 % | 68.3 % | 116.2 % | 175.9 % | 165.4 % |
Relative net indebtedness % | 46.5 % | 9.6 % | |||
Liquidity | |||||
Quick ratio | 0.3 | 0.5 | 0.5 | 0.7 | 0.7 |
Current ratio | 1.3 | 1.5 | 1.4 | 1.4 | 1.4 |
Cash and cash equivalents | 133.09 | 2 638.24 | 217.73 | 159.23 | 168.23 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 107.6 | 13.3 | |||
Net working capital % | 19.8 % | 3.6 % | |||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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