BILTEMA DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BILTEMA DANMARK A/S
BILTEMA DANMARK A/S (CVR number: 25289846) is a company from SLAGELSE. The company reported a net sales of 1062.5 mDKK in 2024, demonstrating a growth of 15.7 % compared to the previous year. The operating profit percentage was at 4 % (EBIT: 42.6 mDKK), while net earnings were 34.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good and Return on Equity (ROE) was 11.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 86.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BILTEMA DANMARK A/S's liquidity measured by quick ratio was 1.6 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 825.51 | 773.43 | 841.29 | 917.97 | 1 062.49 |
Gross profit | 130.01 | 153.77 | 841.29 | 162.98 | 190.63 |
EBIT | 43.25 | 25.06 | 51.76 | 46.33 | 42.57 |
Net earnings | 33.46 | 31.16 | 40.21 | 37.23 | 34.46 |
Shareholders equity total | 174.31 | 205.47 | 245.68 | 282.91 | 317.38 |
Balance sheet total (assets) | 259.33 | 270.22 | 304.81 | 340.98 | 367.43 |
Net debt | -38.06 | -51.34 | |||
Profitability | |||||
EBIT-% | 5.2 % | 3.2 % | 6.2 % | 5.0 % | 4.0 % |
ROA | 18.3 % | 9.5 % | 18.0 % | 14.8 % | 12.5 % |
ROE | 21.2 % | 16.4 % | 17.8 % | 14.1 % | 11.5 % |
ROI | 19.4 % | 9.5 % | 18.0 % | 15.7 % | 14.1 % |
Economic value added (EVA) | 33.84 | 16.30 | 41.43 | 24.01 | 18.13 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 83.0 % | 86.4 % |
Gearing | 6.5 % | 3.4 % | |||
Relative net indebtedness % | 0.2 % | -1.1 % | |||
Liquidity | |||||
Quick ratio | 1.1 | 1.6 | |||
Current ratio | 5.3 | 6.6 | |||
Cash and cash equivalents | 56.44 | 62.26 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.4 | 0.5 | |||
Net working capital % | 27.0 % | 26.4 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
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