Barrit Mejeri A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Barrit Mejeri A/S
Barrit Mejeri A/S (CVR number: 16230219) is a company from HEDENSTED. The company recorded a gross profit of 2061.2 kDKK in 2024. The operating profit was -17.5 kDKK, while net earnings were 0.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 30.6 %, 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. Barrit Mejeri 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 334.02 | 2 027.75 | 2 440.33 | 1 958.07 | 2 061.15 |
EBIT | 678.91 | 435.45 | 487.54 | 108.93 | -17.48 |
Net earnings | 408.41 | 451.16 | 469.38 | -5.67 | 0.83 |
Shareholders equity total | 4 135.21 | 4 586.37 | 5 055.75 | 5 050.07 | 3 140.72 |
Balance sheet total (assets) | 12 783.86 | 15 782.45 | 15 773.63 | 11 119.84 | 10 517.34 |
Net debt | -1 128.97 | - 561.93 | -1 561.43 | -1 098.92 | - 624.34 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.6 % | 3.8 % | 3.8 % | 1.2 % | 1.0 % |
ROE | 10.4 % | 10.3 % | 9.7 % | -0.1 % | 0.0 % |
ROI | 8.0 % | 6.3 % | 6.7 % | 1.9 % | 1.4 % |
Economic value added (EVA) | 160.44 | 87.82 | 131.29 | - 180.07 | - 294.57 |
Solvency | |||||
Equity ratio | 32.3 % | 29.1 % | 32.1 % | 45.4 % | 30.6 % |
Gearing | 11.0 % | 5.7 % | 2.5 % | 1.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 1.1 | 1.7 | 1.2 |
Current ratio | 1.6 | 1.3 | 1.3 | 2.5 | 1.7 |
Cash and cash equivalents | 1 128.97 | 1 068.18 | 1 851.99 | 1 223.45 | 661.83 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | A | A |
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