Bacon Group A/S — Credit Rating and Financial Key Figures

CVR number: 37414018
H.C. Ørsteds Vej 30, 1879 Frederiksberg C

Company information

Official name
Bacon Group A/S
Personnel
7 persons
Established
2016
Company form
Limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales5 936.197 827.867 670.078 869.548 103.16
Gross profit2 884.393 225.913 322.203 163.384 309.71
EBIT- 455.36166.41503.15- 435.86-36.94
Net earnings3 998.487 282.404 210.2810 627.59- 492.20
Shareholders equity total11 866.6316 537.3518 039.4425 326.7818 523.02
Balance sheet total (assets)15 253.0921 813.5019 346.9628 682.0820 511.91
Net debt-79.201 680.68-1 490.39174.74-1 206.25
Profitability
EBIT-%-7.7 %2.1 %6.6 %-4.9 %-0.5 %
ROA26.0 %39.8 %21.1 %44.1 %-1.9 %
ROE33.8 %51.3 %24.4 %49.0 %-2.2 %
ROI30.1 %45.9 %22.9 %47.5 %-2.0 %
Economic value added (EVA)- 291.37289.25868.88- 256.93371.41
Solvency
Equity ratio77.8 %75.8 %93.2 %88.3 %90.3 %
Gearing3.1 %19.7 %0.2 %4.3 %
Relative net indebtedness %49.2 %46.8 %-3.2 %27.0 %-0.6 %
Liquidity
Quick ratio0.90.94.22.35.0
Current ratio0.90.94.22.35.0
Cash and cash equivalents448.271 576.711 519.88918.501 206.25
Capital use efficiency
Trade debtors turnover (days)1.81.41.41.72.0
Net working capital %-4.5 %-9.0 %52.8 %46.8 %57.2 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:-1.88%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.3%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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