M. BECHGAARD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M. BECHGAARD ApS
M. BECHGAARD ApS (CVR number: 23919311) is a company from KALUNDBORG. The company recorded a gross profit of -629.4 kDKK in 2023. The operating profit was -629.4 kDKK, while net earnings were 8676 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good and Return on Equity (ROE) was 13.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 69.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. M. BECHGAARD ApS's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 255.13 | - 426.61 | - 484.46 | - 517.71 | - 629.37 |
EBIT | - 255.13 | - 426.61 | - 484.46 | - 517.71 | - 629.37 |
Net earnings | 386.90 | 15 349.78 | -7 219.15 | 1 987.23 | 8 675.95 |
Shareholders equity total | 49 894.39 | 63 144.17 | 55 925.02 | 57 912.25 | 66 588.20 |
Balance sheet total (assets) | 71 764.48 | 90 875.35 | 84 019.69 | 86 483.32 | 95 464.32 |
Net debt | 20 656.79 | 19 450.26 | 24 641.24 | 25 747.06 | 15 767.55 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.1 % | 24.3 % | 9.4 % | 5.3 % | 12.9 % |
ROE | 0.8 % | 27.2 % | -12.1 % | 3.5 % | 13.9 % |
ROI | 4.2 % | 24.6 % | 9.6 % | 5.3 % | 13.0 % |
Economic value added (EVA) | -1 869.44 | -2 793.02 | -3 213.06 | -3 116.30 | -3 267.95 |
Solvency | |||||
Equity ratio | 69.5 % | 69.5 % | 66.6 % | 67.0 % | 69.8 % |
Gearing | 43.3 % | 41.4 % | 47.5 % | 49.3 % | 41.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.3 | 0.2 | 0.2 | 0.6 |
Current ratio | 0.3 | 0.3 | 0.2 | 0.2 | 0.6 |
Cash and cash equivalents | 933.14 | 6 722.61 | 1 945.20 | 2 803.35 | 12 154.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | A |
Variable visualization
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