BAGGER-SØRENSEN & CO. A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BAGGER-SØRENSEN & CO. A/S
BAGGER-SØRENSEN & CO. A/S (CVR number: 51452313) is a company from VEJLE. The company reported a net sales of 1753.3 mDKK in 2024, demonstrating a growth of 25.9 % compared to the previous year. The operating profit percentage was at 3.4 % (EBIT: 59.6 mDKK), while net earnings were 294.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good but Return on Equity (ROE) was 7.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75.1 %, 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. BAGGER-SØRENSEN & CO. A/S's liquidity measured by quick ratio was 3.8 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 29.00 | 286.00 | 916.00 | 1 392.43 | 1 753.28 |
Gross profit | 29.00 | 286.00 | 916.00 | 352.35 | 506.50 |
EBIT | -12.00 | 80.00 | 56.00 | -55.78 | 59.62 |
Net earnings | 21.00 | 971.00 | - 150.00 | 144.78 | 294.79 |
Shareholders equity total | 2 903.00 | 3 842.00 | 3 700.00 | 3 789.31 | 3 976.35 |
Balance sheet total (assets) | 3 489.00 | 4 789.00 | 4 974.00 | 4 904.94 | 5 300.31 |
Net debt | -1 509.29 | -1 473.42 | |||
Profitability | |||||
EBIT-% | -41.4 % | 28.0 % | 6.1 % | -4.0 % | 3.4 % |
ROA | -0.3 % | 1.9 % | 1.1 % | 6.0 % | 9.5 % |
ROE | 0.7 % | 28.8 % | -4.0 % | 3.9 % | 7.7 % |
ROI | -0.3 % | 1.9 % | 1.1 % | 6.2 % | 10.2 % |
Economic value added (EVA) | - 152.35 | -65.88 | - 137.06 | - 231.81 | -48.91 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 77.3 % | 75.1 % |
Gearing | 20.8 % | 21.7 % | |||
Relative net indebtedness % | -85.4 % | -60.5 % | |||
Liquidity | |||||
Quick ratio | 4.8 | 3.8 | |||
Current ratio | 5.0 | 4.0 | |||
Cash and cash equivalents | 2 297.20 | 2 337.89 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 60.2 | 70.1 | |||
Net working capital % | 2.0 % | 4.4 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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