BERG & LARSEN DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BERG & LARSEN DENMARK A/S
BERG & LARSEN DENMARK A/S (CVR number: 13387877) is a company from ÆRØ. The company recorded a gross profit of 7565.1 kDKK in 2023. The operating profit was 496.9 kDKK, while net earnings were -268.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak but Return on Equity (ROE) was -4.3 %, which can be considered poor. 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. BERG & LARSEN DENMARK A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 13 506.98 | 13 390.91 | 9 866.47 | 9 608.54 | 7 565.11 |
EBIT | 4 361.26 | 3 398.65 | -43.65 | - 401.05 | 496.92 |
Net earnings | 3 074.58 | 2 165.61 | - 799.49 | - 979.74 | - 268.77 |
Shareholders equity total | 10 062.29 | 11 108.94 | 8 907.27 | 6 356.10 | 6 165.27 |
Balance sheet total (assets) | 31 753.88 | 30 701.32 | 23 818.98 | 27 993.74 | 20 447.92 |
Net debt | 14 087.88 | 4 983.60 | 4 363.85 | 8 973.21 | 6 942.29 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.1 % | 11.1 % | -0.1 % | -0.8 % | 3.3 % |
ROE | 35.9 % | 20.5 % | -8.0 % | -12.8 % | -4.3 % |
ROI | 17.8 % | 16.3 % | -0.2 % | -1.4 % | 5.5 % |
Economic value added (EVA) | 2 536.38 | 1 884.09 | - 622.49 | - 801.81 | 22.13 |
Solvency | |||||
Equity ratio | 31.7 % | 36.2 % | 38.2 % | 23.1 % | 31.0 % |
Gearing | 140.3 % | 44.9 % | 49.1 % | 141.2 % | 112.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.4 | 1.3 | 1.0 | 1.2 |
Current ratio | 1.7 | 1.6 | 1.5 | 1.2 | 1.2 |
Cash and cash equivalents | 30.60 | 5.10 | 9.78 | 3.35 | 7.34 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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