BGI EUROPE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BGI EUROPE A/S
BGI EUROPE A/S (CVR number: 32931340) is a company from HERLEV. The company recorded a gross profit of 35.4 mDKK in 2023. The operating profit was 19.8 mDKK, while net earnings were 14.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good but Return on Equity (ROE) was 37.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.9 %, 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. BGI EUROPE A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 29 191.00 | 18 321.00 | -90 404.00 | 53 346.00 | 35 444.00 |
EBIT | 16 561.00 | 4 840.00 | - 104 892.00 | 37 271.00 | 19 800.47 |
Net earnings | 12 263.00 | 2 775.13 | -79 857.61 | 25 026.12 | 14 456.82 |
Shareholders equity total | 83 555.00 | 86 330.00 | 6 473.00 | 31 499.00 | 45 955.60 |
Balance sheet total (assets) | 127 202.00 | 219 956.00 | 427 143.00 | 220 578.00 | 192 297.76 |
Net debt | 9 544.00 | -91 632.00 | 88 871.00 | 76 130.00 | 103 718.02 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.9 % | 2.8 % | -32.1 % | 11.7 % | 10.1 % |
ROE | 15.8 % | 3.3 % | -172.1 % | 131.8 % | 37.3 % |
ROI | 13.3 % | 3.5 % | -36.6 % | 12.9 % | 12.0 % |
Economic value added (EVA) | 13 284.32 | 3 195.79 | -75 928.58 | 43 573.30 | 17 205.75 |
Solvency | |||||
Equity ratio | 65.6 % | 39.2 % | 1.5 % | 14.3 % | 23.9 % |
Gearing | 34.3 % | 90.2 % | 6116.7 % | 492.4 % | 248.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 1.5 | 0.9 | 1.0 | 0.9 |
Current ratio | 2.6 | 1.6 | 1.0 | 1.0 | 0.9 |
Cash and cash equivalents | 19 084.00 | 169 465.00 | 307 064.00 | 78 978.00 | 10 497.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AA | BBB | AA | A |
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