Bjørn Caning's Eftf. A/S — Credit Rating and Financial Key Figures

CVR number: 27066860
Vallensbækvej 5-11, 2605 Brøndby
tel: 43293388
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Credit rating

Company information

Official name
Bjørn Caning's Eftf. A/S
Personnel
60 persons
Established
2003
Company form
Limited company
Industry

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 1406.9 mDKK in 2024, demonstrating a growth of 33 % compared to the previous year. The operating profit percentage was at 1.1 % (EBIT: 14.8 mDKK), while net earnings were 9411.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good but Return on Equity (ROE) was 34.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 9.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Bjørn Caning's Eftf. A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales511.94703.27176.991 057.601 406.90
Gross profit22.1928.0113.8340.6545.93
EBIT14.3017.985.8312.5314.79
Net earnings8.6012.253.297.989.41
Shareholders equity total20.9830.2233.5141.4912.40
Balance sheet total (assets)80.0491.52118.44143.92159.53
Net debt6.8324.1558.7968.4553.73
Profitability
EBIT-%2.8 %2.6 %3.3 %1.2 %1.1 %
ROA23.4 %21.0 %5.6 %9.6 %9.8 %
ROE55.3 %47.8 %10.3 %21.3 %34.9 %
ROI34.7 %31.2 %7.6 %12.2 %15.9 %
Economic value added (EVA)16.2520.870.864.745.51
Solvency
Equity ratio41.3 %35.5 %29.1 %31.0 %9.8 %
Gearing45.1 %80.6 %175.9 %165.4 %514.7 %
Relative net indebtedness %5.9 %8.2 %46.5 %9.6 %9.7 %
Liquidity
Quick ratio0.50.50.70.71.0
Current ratio1.51.41.41.41.1
Cash and cash equivalents2.640.220.160.1710.10
Capital use efficiency
Trade debtors turnover (days)4.113.6107.313.317.4
Net working capital %2.8 %3.1 %19.8 %3.5 %0.6 %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:9.79%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.84%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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