BMW DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BMW DANMARK A/S
BMW DANMARK A/S (CVR number: 10068622) is a company from KØBENHAVN. The company reported a net sales of 3211.4 mDKK in 2023, demonstrating a growth of 13.7 % compared to the previous year. The operating profit percentage was at 1.8 % (EBIT: 59.2 mDKK), while net earnings were 374.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 29.4 %, which can be considered excellent and Return on Equity (ROE) was 113.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.4 %, 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. BMW DANMARK A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 019.00 | 1 969.00 | 3 331.00 | 2 824.56 | 3 211.42 |
Gross profit | 29.00 | 18.00 | 194.00 | 163.34 | 75.53 |
EBIT | 17.00 | 5.00 | 180.00 | 149.13 | 59.22 |
Net earnings | 112.41 | 374.22 | |||
Shareholders equity total | 198.70 | 460.51 | |||
Balance sheet total (assets) | 773.00 | 1 033.00 | 1 072.00 | 1 162.59 | 1 565.60 |
Net debt | 435.15 | 585.38 | |||
Profitability | |||||
EBIT-% | 0.8 % | 0.3 % | 5.4 % | 5.3 % | 1.8 % |
ROA | 2.5 % | 0.6 % | 17.1 % | 13.7 % | 29.4 % |
ROE | 113.1 % | 113.5 % | |||
ROI | 2.5 % | 0.6 % | 17.1 % | 17.1 % | 42.9 % |
Economic value added (EVA) | 12.08 | 5.00 | 180.00 | 115.79 | 46.66 |
Solvency | |||||
Equity ratio | 17.1 % | 29.4 % | |||
Gearing | 219.0 % | 127.1 % | |||
Relative net indebtedness % | 31.1 % | 31.1 % | |||
Liquidity | |||||
Quick ratio | 1.2 | 1.4 | |||
Current ratio | 1.3 | 1.6 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 7.3 | 4.0 | |||
Net working capital % | 9.6 % | 17.2 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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