BILGLASGRUPPEN A/S — Credit Rating and Financial Key Figures

CVR number: 34604339
Priorsvej 24, 8600 Silkeborg

Company information

Official name
BILGLASGRUPPEN A/S
Personnel
22 persons
Established
2012
Company form
Limited company
Industry

About BILGLASGRUPPEN A/S

BILGLASGRUPPEN A/S (CVR number: 34604339) is a company from SILKEBORG. The company recorded a gross profit of 12 mDKK in 2023. The operating profit was 3295.5 kDKK, while net earnings were 2550.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 60.8 %, which can be considered excellent and Return on Equity (ROE) was 107.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. BILGLASGRUPPEN 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 874.906 261.787 371.038 966.4611 973.50
EBIT1 306.921 958.291 895.461 594.133 295.46
Net earnings1 000.181 512.221 456.391 205.582 550.28
Shareholders equity total1 500.172 012.221 956.391 705.583 050.28
Balance sheet total (assets)3 699.844 875.544 915.655 042.265 797.81
Net debt- 811.74-2 231.96273.31299.04- 652.87
Profitability
EBIT-%
ROA38.8 %45.7 %38.7 %32.0 %60.8 %
ROE80.0 %86.1 %73.4 %65.8 %107.2 %
ROI58.9 %80.4 %69.6 %51.8 %103.3 %
Economic value added (EVA)1 032.931 535.601 507.161 180.422 535.69
Solvency
Equity ratio40.5 %41.3 %39.8 %33.8 %52.6 %
Gearing59.4 %20.5 %53.4 %84.1 %5.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.41.21.01.4
Current ratio1.61.51.41.21.8
Cash and cash equivalents1 702.552 644.53770.981 135.05821.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:60.8%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.6%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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