BK NORD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BK NORD A/S
BK NORD A/S (CVR number: 32140947) is a company from AALBORG. The company recorded a gross profit of 15.1 mDKK in 2023. The operating profit was -716.1 kDKK, while net earnings were -524.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.8 %, which can be considered poor and Return on Equity (ROE) was -24.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. BK NORD A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 9 361.00 | 11 178.00 | 10 349.00 | 13 318.56 | 15 091.35 |
| EBIT | 453.00 | 1 359.00 | 332.00 | 455.71 | - 716.05 |
| Net earnings | 371.00 | 1 093.00 | 344.00 | 201.67 | - 524.90 |
| Shareholders equity total | 2 411.00 | 3 454.00 | 2 248.00 | 2 399.37 | 1 824.47 |
| Balance sheet total (assets) | 4 880.00 | 7 691.00 | 4 477.00 | 5 528.26 | 5 977.72 |
| Net debt | -2 357.00 | -4 685.00 | -1 730.00 | -1 269.96 | -28.61 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 10.6 % | 22.5 % | 6.0 % | 9.5 % | -10.8 % |
| ROE | 16.5 % | 37.3 % | 12.1 % | 8.7 % | -24.9 % |
| ROI | 19.5 % | 39.1 % | 10.6 % | 19.2 % | -23.9 % |
| Economic value added (EVA) | 348.88 | 1 057.52 | 362.51 | 329.17 | - 614.42 |
| Solvency | |||||
| Equity ratio | 49.4 % | 44.9 % | 50.2 % | 43.4 % | 30.7 % |
| Gearing | 23.0 % | 6.0 % | 41.0 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.2 | 1.9 | 2.0 | 1.5 | 1.3 |
| Current ratio | 2.2 | 1.9 | 2.0 | 1.5 | 1.3 |
| Cash and cash equivalents | 2 357.00 | 5 479.00 | 1 730.00 | 1 414.70 | 777.55 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | BBB | BBB | BBB |
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