BAC FINANCE ApS — Credit Rating and Financial Key Figures

CVR number: 32554318
Færøvej 7-9, 4681 Herfølge

Company information

Official name
BAC FINANCE ApS
Established
2009
Company form
Private limited company
Industry

About BAC FINANCE ApS

BAC FINANCE ApS (CVR number: 32554318) is a company from KØGE. The company recorded a gross profit of 168.1 kDKK in 2023. The operating profit was 702.5 kDKK, while net earnings were 612 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.4 %, which can be considered excellent and Return on Equity (ROE) was 22.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BAC FINANCE ApS's liquidity measured by quick ratio was 13.9 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 profit1 409.251 497.28692.48573.40168.12
EBIT666.97561.43224.5590.85702.48
Net earnings500.33376.34205.4279.14612.03
Shareholders equity total1 733.812 110.142 315.572 394.703 006.74
Balance sheet total (assets)3 436.633 189.753 027.422 950.863 239.44
Net debt1 333.60-88.05318.13254.52- 288.13
Profitability
EBIT-%
ROA19.7 %16.9 %9.3 %4.0 %25.4 %
ROE33.7 %19.6 %9.3 %3.4 %22.7 %
ROI20.1 %17.7 %9.7 %4.0 %26.5 %
Economic value added (EVA)465.75360.44118.90-29.91439.50
Solvency
Equity ratio50.5 %66.2 %76.5 %81.2 %92.8 %
Gearing88.5 %42.5 %27.1 %20.7 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.31.02.02.413.9
Current ratio0.31.02.02.413.9
Cash and cash equivalents201.06983.85309.80241.92302.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAB

Variable visualization

ROA:25.4%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.8%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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