BB Biogas ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BB Biogas ApS
BB Biogas ApS (CVR number: 37834106) is a company from HJØRRING. The company recorded a gross profit of 1629.7 kDKK in 2023. The operating profit was 1077.7 kDKK, while net earnings were 19.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.1 %, which can be considered excellent but Return on Equity (ROE) was 14.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 83.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BB Biogas ApS's liquidity measured by quick ratio was 4.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1 651.79 | 9 047.46 | 36 912.91 | 80 161.43 | 1 629.70 |
EBIT | -4 531.47 | 5 400.71 | 29 839.78 | 80 455.28 | 1 077.75 |
Net earnings | -6 485.85 | 14 567.18 | 21 104.55 | 91 746.85 | 19 365.61 |
Shareholders equity total | -4 754.16 | 10 813.02 | 31 917.57 | 122 582.24 | 141 947.85 |
Balance sheet total (assets) | 94 287.71 | 95 490.27 | 126 826.30 | 159 276.79 | 170 444.89 |
Net debt | 34 370.64 | 32 886.04 | 40 200.67 | -3 978.71 | -21 157.88 |
Profitability | |||||
EBIT-% | |||||
ROA | -4.5 % | 22.0 % | 26.9 % | 84.8 % | 15.1 % |
ROE | -13.5 % | 27.7 % | 98.8 % | 118.8 % | 14.6 % |
ROI | -5.2 % | 27.9 % | 37.7 % | 100.6 % | 16.1 % |
Economic value added (EVA) | -3 700.66 | 3 780.74 | 21 913.95 | 50 358.54 | 290.02 |
Solvency | |||||
Equity ratio | -4.8 % | 11.3 % | 25.3 % | 77.0 % | 83.3 % |
Gearing | -723.0 % | 304.1 % | 126.0 % | 1.8 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.2 | 0.5 | 0.8 | 4.3 |
Current ratio | 0.4 | 0.6 | 0.7 | 0.8 | 4.3 |
Cash and cash equivalents | 6 166.15 | 21 157.88 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | AA |
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