BADELEMENT A/S — Credit Rating and Financial Key Figures

CVR number: 31752469
Levysgade 14, 8700 Horsens

Credit rating

Company information

Official name
BADELEMENT A/S
Personnel
50 persons
Established
2008
Company form
Limited company
Industry

About BADELEMENT A/S

BADELEMENT A/S (CVR number: 31752469) is a company from HORSENS. The company reported a net sales of 317.9 mDKK in 2023, demonstrating a decline of -9.3 % compared to the previous year. The operating profit percentage was poor at -6 % (EBIT: -19.2 mDKK), while net earnings were -6910 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -18.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.8 %, 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. BADELEMENT A/S's liquidity measured by quick ratio was 1.1 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales465.63436.89450.06350.66317.88
Gross profit45.5940.6628.70-11.078.30
EBIT23.9617.603.27-37.46-19.16
Net earnings25.6621.0313.39-21.57-6.91
Shareholders equity total69.6663.2554.3339.3133.88
Balance sheet total (assets)159.19157.25145.53124.81136.59
Net debt27.0843.7733.8028.7936.67
Profitability
EBIT-%5.1 %4.0 %0.7 %-10.7 %-6.0 %
ROA19.6 %16.8 %10.9 %-19.7 %-0.2 %
ROE39.3 %31.6 %22.8 %-46.1 %-18.9 %
ROI29.4 %23.0 %14.9 %-30.2 %-0.3 %
Economic value added (EVA)18.1913.672.77-27.14-15.72
Solvency
Equity ratio43.8 %40.2 %37.3 %31.5 %24.8 %
Gearing38.9 %69.3 %64.1 %74.5 %137.4 %
Relative net indebtedness %16.2 %18.6 %17.3 %22.4 %26.5 %
Liquidity
Quick ratio1.61.41.21.41.1
Current ratio1.61.41.21.41.2
Cash and cash equivalents0.020.081.030.529.87
Capital use efficiency
Trade debtors turnover (days)58.961.861.667.255.9
Net working capital %9.7 %7.8 %2.8 %9.0 %4.6 %
Credit risk
Credit ratingAAAAAABBBBBB

Variable visualization

ROA:-0.16%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.8%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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