Bacon Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Bacon Group A/S
Bacon Group A/S (CVR number: 37414018) is a company from FREDERIKSBERG. The company reported a net sales of 8.1 mDKK in 2023, demonstrating a decline of -8.6 % compared to the previous year. The operating profit percentage was poor at -0.5 % (EBIT: -0 mDKK), while net earnings were -492.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -2.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Bacon Group A/S's liquidity measured by quick ratio was 5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 936.19 | 7 827.86 | 7 670.07 | 8 869.54 | 8 103.16 |
Gross profit | 2 884.39 | 3 225.91 | 3 322.20 | 3 163.38 | 4 309.71 |
EBIT | - 455.36 | 166.41 | 503.15 | - 435.86 | -36.94 |
Net earnings | 3 998.48 | 7 282.40 | 4 210.28 | 10 627.59 | - 492.20 |
Shareholders equity total | 11 866.63 | 16 537.35 | 18 039.44 | 25 326.78 | 18 523.02 |
Balance sheet total (assets) | 15 253.09 | 21 813.50 | 19 346.96 | 28 682.08 | 20 511.91 |
Net debt | -79.20 | 1 680.68 | -1 490.39 | 174.74 | -1 206.25 |
Profitability | |||||
EBIT-% | -7.7 % | 2.1 % | 6.6 % | -4.9 % | -0.5 % |
ROA | 26.0 % | 39.8 % | 21.1 % | 44.1 % | -1.9 % |
ROE | 33.8 % | 51.3 % | 24.4 % | 49.0 % | -2.2 % |
ROI | 30.1 % | 45.9 % | 22.9 % | 47.5 % | -2.0 % |
Economic value added (EVA) | - 291.37 | 289.25 | 868.88 | - 256.93 | 371.41 |
Solvency | |||||
Equity ratio | 77.8 % | 75.8 % | 93.2 % | 88.3 % | 90.3 % |
Gearing | 3.1 % | 19.7 % | 0.2 % | 4.3 % | |
Relative net indebtedness % | 49.2 % | 46.8 % | -3.2 % | 27.0 % | -0.6 % |
Liquidity | |||||
Quick ratio | 0.9 | 0.9 | 4.2 | 2.3 | 5.0 |
Current ratio | 0.9 | 0.9 | 4.2 | 2.3 | 5.0 |
Cash and cash equivalents | 448.27 | 1 576.71 | 1 519.88 | 918.50 | 1 206.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 1.8 | 1.4 | 1.4 | 1.7 | 2.0 |
Net working capital % | -4.5 % | -9.0 % | 52.8 % | 46.8 % | 57.2 % |
Credit risk | |||||
Credit rating | A | A | AA | A | A |
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