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BANG & OLUFSEN OPERATIONS A/S — Credit Rating and Financial Key Figures

CVR number: 26035406
Bang og Olufsen Allé 1, 7600 Struer
tel: 96841144

Credit rating

Company information

Official name
BANG & OLUFSEN OPERATIONS A/S
Personnel
365 persons
Established
2001
Company form
Limited company
Industry

About BANG & OLUFSEN OPERATIONS A/S

BANG & OLUFSEN OPERATIONS A/S (CVR number: 26035406) is a company from STRUER. The company reported a net sales of 1793.2 mDKK in 2024, demonstrating a growth of 2.1 % compared to the previous year. The operating profit percentage was at 9.9 % (EBIT: 177.8 mDKK), while net earnings were 257.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent and Return on Equity (ROE) was 40.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.8 %, 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. BANG & OLUFSEN OPERATIONS 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
2020
2021
2022
2023
2024
Volume
Net sales1 624.901 929.101 690.301 756.001 793.20
Gross profit1 624.90321.70329.30461.70423.20
EBIT141.20123.30141.10174.80177.80
Net earnings200.70223.30175.2048.00257.10
Shareholders equity total1 347.50774.90953.00603.70660.60
Balance sheet total (assets)1 738.601 253.501 451.901 278.501 454.50
Net debt40.8059.60247.80401.40
Profitability
EBIT-%8.7 %6.4 %8.3 %10.0 %9.9 %
ROA9.2 %14.8 %15.3 %16.2 %15.3 %
ROE16.1 %21.0 %20.3 %6.2 %40.7 %
ROI9.2 %17.2 %20.4 %20.9 %20.8 %
Economic value added (EVA)83.9835.9073.7365.36107.95
Solvency
Equity ratio100.0 %61.6 %65.4 %46.0 %44.8 %
Gearing5.3 %22.2 %47.8 %60.8 %
Relative net indebtedness %24.8 %20.5 %36.1 %44.3 %
Liquidity
Quick ratio0.81.20.70.7
Current ratio1.61.91.31.1
Cash and cash equivalents152.0040.800.10
Capital use efficiency
Trade debtors turnover (days)24.532.025.827.8
Net working capital %13.7 %24.5 %9.5 %5.6 %
Credit risk
Credit ratingBBBAAAAAAAAAAAA

Variable visualization

ROA:15.3%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.8%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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