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BANG & OLUFSEN OPERATIONS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1 624.90 | 1 929.10 | 1 690.30 | 1 756.00 | 1 793.20 |
| Gross profit | 1 624.90 | 321.70 | 329.30 | 461.70 | 423.20 |
| EBIT | 141.20 | 123.30 | 141.10 | 174.80 | 177.80 |
| Net earnings | 200.70 | 223.30 | 175.20 | 48.00 | 257.10 |
| Shareholders equity total | 1 347.50 | 774.90 | 953.00 | 603.70 | 660.60 |
| Balance sheet total (assets) | 1 738.60 | 1 253.50 | 1 451.90 | 1 278.50 | 1 454.50 |
| Net debt | 40.80 | 59.60 | 247.80 | 401.40 | |
| Profitability | |||||
| EBIT-% | 8.7 % | 6.4 % | 8.3 % | 10.0 % | 9.9 % |
| ROA | 9.2 % | 14.8 % | 15.3 % | 16.2 % | 15.3 % |
| ROE | 16.1 % | 21.0 % | 20.3 % | 6.2 % | 40.7 % |
| ROI | 9.2 % | 17.2 % | 20.4 % | 20.9 % | 20.8 % |
| Economic value added (EVA) | 83.98 | 35.90 | 73.73 | 65.36 | 107.95 |
| Solvency | |||||
| Equity ratio | 100.0 % | 61.6 % | 65.4 % | 46.0 % | 44.8 % |
| Gearing | 5.3 % | 22.2 % | 47.8 % | 60.8 % | |
| Relative net indebtedness % | 24.8 % | 20.5 % | 36.1 % | 44.3 % | |
| Liquidity | |||||
| Quick ratio | 0.8 | 1.2 | 0.7 | 0.7 | |
| Current ratio | 1.6 | 1.9 | 1.3 | 1.1 | |
| Cash and cash equivalents | 152.00 | 40.80 | 0.10 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 24.5 | 32.0 | 25.8 | 27.8 | |
| Net working capital % | 13.7 % | 24.5 % | 9.5 % | 5.6 % | |
| Credit risk | |||||
| Credit rating | BBB | AAA | AAA | AAA | AAA |
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