BILGÅRDEN, ODENSE ApS — Credit Rating and Financial Key Figures

CVR number: 82640711
Middelfartvej 6, Bolbro 5000 Odense C

Company information

Official name
BILGÅRDEN, ODENSE ApS
Personnel
1 person
Established
1977
Domicile
Bolbro
Company form
Private limited company
Industry

About BILGÅRDEN, ODENSE ApS

BILGÅRDEN, ODENSE ApS (CVR number: 82640711) is a company from ODENSE. The company recorded a gross profit of 592.3 kDKK in 2023. The operating profit was 410.7 kDKK, while net earnings were 257.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent and Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 72.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BILGÅRDEN, ODENSE ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit244.00277.00345.00390.00592.31
EBIT-58.0045.00163.00208.00410.67
Net earnings- 363.0053.00- 442.001 006.00257.47
Shareholders equity total4 468.004 521.004 079.005 085.005 343.27
Balance sheet total (assets)9 143.008 694.008 264.007 375.007 346.91
Net debt1 980.001 731.002 136.00492.00852.02
Profitability
EBIT-%
ROA-0.2 %4.2 %7.8 %18.4 %5.6 %
ROE-7.8 %1.2 %-10.3 %22.0 %4.9 %
ROI-0.3 %4.3 %8.1 %19.1 %5.8 %
Economic value added (EVA)- 173.51-77.1826.7486.81109.71
Solvency
Equity ratio48.9 %52.0 %49.4 %68.9 %72.7 %
Gearing92.3 %80.0 %87.3 %33.5 %22.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.60.40.60.3
Current ratio0.60.60.50.91.2
Cash and cash equivalents2 143.001 888.001 423.001 212.00359.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:5.59%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.7%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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