BAYERN AUTOGROUP AARHUS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BAYERN AUTOGROUP AARHUS A/S
BAYERN AUTOGROUP AARHUS A/S (CVR number: 10125235) is a company from AARHUS. The company reported a net sales of 736 mDKK in 2022, demonstrating a decline of -15.1 % compared to the previous year. The operating profit percentage was at 5.2 % (EBIT: 38.6 mDKK), while net earnings were 28.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 22.5 %, which can be considered excellent and Return on Equity (ROE) was 46.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.1 %, 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. BAYERN AUTOGROUP AARHUS 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 608.22 | 867.40 | 736.04 | ||
Gross profit | 63.59 | 63.02 | 64.03 | 99.79 | 91.20 |
EBIT | 24.27 | 20.70 | 25.43 | 51.62 | 38.63 |
Net earnings | 16.78 | 13.96 | 17.50 | 38.47 | 28.43 |
Shareholders equity total | 43.79 | 31.74 | 42.25 | 66.72 | 55.14 |
Balance sheet total (assets) | 125.53 | 148.08 | 170.84 | 181.23 | 162.73 |
Net debt | 10.09 | 33.38 | 12.07 | 16.27 | 30.58 |
Profitability | |||||
EBIT-% | 4.2 % | 6.0 % | 5.2 % | ||
ROA | 17.7 % | 15.3 % | 16.0 % | 29.3 % | 22.5 % |
ROE | 45.2 % | 37.0 % | 47.3 % | 70.6 % | 46.7 % |
ROI | 40.3 % | 34.8 % | 41.3 % | 73.6 % | 45.8 % |
Economic value added (EVA) | 17.40 | 14.04 | 18.24 | 38.14 | 26.78 |
Solvency | |||||
Equity ratio | 35.3 % | 21.6 % | 25.1 % | 37.1 % | 34.1 % |
Gearing | 23.1 % | 105.2 % | 28.6 % | 24.4 % | 55.5 % |
Relative net indebtedness % | 21.1 % | 13.2 % | 14.6 % | ||
Liquidity | |||||
Quick ratio | 0.3 | 0.3 | 0.6 | 0.8 | 0.6 |
Current ratio | 1.5 | 1.2 | 1.3 | 1.5 | 1.4 |
Cash and cash equivalents | 0.03 | 0.03 | 0.02 | 0.01 | 0.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 11.7 | 17.9 | 16.7 | ||
Net working capital % | 6.4 % | 6.9 % | 6.5 % | ||
Credit risk | |||||
Credit rating | AA | A | A | A | A |
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