BABS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BABS ApS
BABS ApS (CVR number: 29193916) is a company from TÅRNBY. The company reported a net sales of 13.7 mDKK in 2024, demonstrating a decline of -2.4 % compared to the previous year. The operating profit percentage was at 2.3 % (EBIT: 0.3 mDKK), while net earnings were 246.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good but Return on Equity (ROE) was 19.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. BABS ApS's liquidity measured by quick ratio was 1.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 7 530.15 | 6 814.59 | 12 577.31 | 13 991.62 | 13 658.78 |
Gross profit | 4 716.22 | 4 736.42 | 6 748.61 | 7 122.95 | 7 283.58 |
EBIT | 473.49 | 425.47 | 1 449.12 | 582.78 | 316.43 |
Net earnings | 354.42 | 324.46 | 1 106.16 | 447.74 | 246.38 |
Shareholders equity total | 1 183.96 | 1 508.43 | 2 442.99 | 1 390.74 | 1 187.12 |
Balance sheet total (assets) | 2 841.66 | 3 258.89 | 3 945.26 | 3 068.61 | 2 461.95 |
Net debt | -2 182.98 | -2 229.50 | -3 281.97 | -2 332.99 | -1 691.61 |
Profitability | |||||
EBIT-% | 6.3 % | 6.2 % | 11.5 % | 4.2 % | 2.3 % |
ROA | 20.1 % | 13.9 % | 40.2 % | 16.6 % | 11.4 % |
ROE | 32.5 % | 24.1 % | 56.0 % | 23.4 % | 19.1 % |
ROI | 38.0 % | 27.3 % | 65.2 % | 28.2 % | 24.5 % |
Economic value added (EVA) | 393.19 | 383.51 | 1 157.86 | 490.32 | 293.82 |
Solvency | |||||
Equity ratio | 41.7 % | 46.3 % | 61.9 % | 45.3 % | 48.2 % |
Gearing | |||||
Relative net indebtedness % | -7.0 % | -7.0 % | -14.2 % | -4.7 % | -3.1 % |
Liquidity | |||||
Quick ratio | 1.7 | 1.7 | 2.7 | 1.6 | 1.5 |
Current ratio | 1.7 | 1.8 | 2.9 | 1.7 | 1.6 |
Cash and cash equivalents | 2 182.98 | 2 229.50 | 3 281.97 | 2 332.99 | 1 691.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 1.8 | 0.2 | 2.4 | 5.2 | |
Net working capital % | 14.3 % | 18.8 % | 17.8 % | 7.4 % | 5.8 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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