BERG & LARSEN DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 13387877
Vinkelstræde 7, 5960 Marstal
spares@berg-larsen.com
tel: 72440300

Credit rating

Company information

Official name
BERG & LARSEN DENMARK A/S
Personnel
7 persons
Established
1989
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit13 506.9813 390.919 866.479 608.547 565.11
EBIT4 361.263 398.65-43.65- 401.05496.92
Net earnings3 074.582 165.61- 799.49- 979.74- 268.77
Shareholders equity total10 062.2911 108.948 907.276 356.106 165.27
Balance sheet total (assets)31 753.8830 701.3223 818.9827 993.7420 447.92
Net debt14 087.884 983.604 363.858 973.216 942.29
Profitability
EBIT-%
ROA13.1 %11.1 %-0.1 %-0.8 %3.3 %
ROE35.9 %20.5 %-8.0 %-12.8 %-4.3 %
ROI17.8 %16.3 %-0.2 %-1.4 %5.5 %
Economic value added (EVA)2 536.381 884.09- 622.49- 801.8122.13
Solvency
Equity ratio31.7 %36.2 %38.2 %23.1 %31.0 %
Gearing140.3 %44.9 %49.1 %141.2 %112.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.41.31.01.2
Current ratio1.71.61.51.21.2
Cash and cash equivalents30.605.109.783.357.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:3.25%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.0%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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