BAYERN AUTOGROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BAYERN AUTOGROUP A/S
BAYERN AUTOGROUP A/S (CVR number: 33759258K) is a company from KOLDING. The company reported a net sales of 1176 mDKK in 2018, demonstrating a growth of 11 % compared to the previous year. The operating profit percentage was at 4.7 % (EBIT: 55.1 mDKK), while net earnings were 41.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.1 %, which can be considered excellent and Return on Equity (ROE) was 45.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.5 %, 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 A/S's liquidity measured by quick ratio was 0.5 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 financials2016 | 2017 | 2018 | |
|---|---|---|---|
| Volume | |||
| Net sales | 1 044.38 | 1 059.00 | 1 175.96 |
| Gross profit | 126.98 | 138.14 | 177.71 |
| EBIT | 25.47 | 30.58 | 55.10 |
| Net earnings | 16.71 | 21.23 | 41.33 |
| Shareholders equity total | 69.50 | 70.72 | 112.05 |
| Balance sheet total (assets) | 322.51 | 404.28 | 382.55 |
| Net debt | 4.57 | 62.52 | 25.52 |
| Profitability | |||
| EBIT-% | 2.4 % | 2.9 % | 4.7 % |
| ROA | 8.0 % | 8.8 % | 15.1 % |
| ROE | 24.0 % | 30.3 % | 45.2 % |
| ROI | 34.7 % | 31.0 % | 43.7 % |
| Economic value added (EVA) | 19.85 | 20.35 | 39.42 |
| Solvency | |||
| Equity ratio | 21.8 % | 17.6 % | 29.5 % |
| Gearing | 6.7 % | 88.6 % | 23.2 % |
| Relative net indebtedness % | 24.2 % | 31.5 % | 23.0 % |
| Liquidity | |||
| Quick ratio | 0.3 | 0.4 | 0.5 |
| Current ratio | 1.2 | 1.2 | 1.4 |
| Cash and cash equivalents | 0.09 | 0.12 | 0.51 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | 16.6 | 19.9 | 10.8 |
| Net working capital % | 4.8 % | 5.0 % | 8.2 % |
| Credit risk | |||
| Credit rating | A | A | A |
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