BACH & PEDERSEN FRAGT A/S — Credit Rating and Financial Key Figures

CVR number: 20389443
Engelsholmvej 39, 8940 Randers SV
tel: 72521472

Credit rating

Company information

Official name
BACH & PEDERSEN FRAGT A/S
Personnel
145 persons
Established
1997
Company form
Limited company
Industry

About BACH & PEDERSEN FRAGT A/S

BACH & PEDERSEN FRAGT A/S (CVR number: 20389443) is a company from RANDERS. The company recorded a gross profit of 80.1 mDKK in 2023. The operating profit was 4590.7 kDKK, while net earnings were 7480.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 30.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.6 %, 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. BACH & PEDERSEN FRAGT A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit60 142.8463 267.0074 011.0082 471.0080 057.21
EBIT1 218.505 580.007 928.0010 266.004 590.68
Net earnings1 151.134 330.006 607.009 066.007 480.14
Shareholders equity total12 127.8115 958.0018 565.0023 631.0025 111.38
Balance sheet total (assets)47 806.2546 741.0057 416.0067 593.0065 130.90
Net debt26 115.1917 821.0017 908.0016 343.0017 614.74
Profitability
EBIT-%
ROA4.0 %12.9 %16.8 %19.0 %14.5 %
ROE8.8 %30.8 %38.3 %43.0 %30.7 %
ROI4.9 %16.5 %23.3 %25.6 %17.9 %
Economic value added (EVA)- 327.463 267.185 064.146 897.162 423.89
Solvency
Equity ratio25.4 %34.1 %32.3 %35.0 %38.6 %
Gearing215.7 %111.9 %96.6 %69.3 %70.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.70.60.60.6
Current ratio0.50.70.60.60.6
Cash and cash equivalents38.7633.0034.0033.0031.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:14.5%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.6%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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