BAADER Food Systems Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 19189511
Vestermøllevej 9 M, 8380 Trige
bfs-dk@baader.com
tel: 86231455
www.baader.com

Credit rating

Company information

Official name
BAADER Food Systems Denmark A/S
Personnel
257 persons
Established
1961
Company form
Limited company
Industry

About BAADER Food Systems Denmark A/S

BAADER Food Systems Denmark A/S (CVR number: 19189511) is a company from AARHUS. The company reported a net sales of 691.2 mDKK in 2023, demonstrating a growth of 13.3 % compared to the previous year. The operating profit percentage was at 1.9 % (EBIT: 12.9 mDKK), while net earnings were 40.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 12.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 52.1 %, 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. BAADER Food Systems Denmark A/S's liquidity measured by quick ratio was 0.7 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales559.72609.88708.62610.27691.23
Gross profit73.8093.1189.00102.75117.80
EBIT1.0717.5911.788.6612.89
Net earnings31.8423.3442.5747.5940.64
Shareholders equity total248.50255.84312.38333.21324.38
Balance sheet total (assets)562.70508.48518.50642.16622.68
Net debt74.93114.42
Profitability
EBIT-%0.2 %2.9 %1.7 %1.4 %1.9 %
ROA0.2 %3.3 %2.3 %8.8 %7.6 %
ROE13.8 %9.3 %15.0 %14.7 %12.4 %
ROI0.2 %3.3 %2.3 %10.4 %10.0 %
Economic value added (EVA)-9.705.10-1.07-7.1717.40
Solvency
Equity ratio100.0 %100.0 %100.0 %51.9 %52.1 %
Gearing31.2 %40.7 %
Relative net indebtedness %43.1 %38.2 %
Liquidity
Quick ratio0.60.7
Current ratio0.91.0
Cash and cash equivalents29.0217.54
Capital use efficiency
Trade debtors turnover (days)12.613.1
Net working capital %-3.2 %-1.1 %
Credit risk
Credit ratingBBBAAAAAAAA

Variable visualization

ROA:7.57%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.1%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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