BAGGER VEJEN ApS — Credit Rating and Financial Key Figures

CVR number: 33637594
Kongevænget 30, 6600 Vejen
tel: 29699957

Company information

Official name
BAGGER VEJEN ApS
Established
2011
Company form
Private limited company
Industry

About BAGGER VEJEN ApS

BAGGER VEJEN ApS (CVR number: 33637594) is a company from VEJEN. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a decline of -44.6 % compared to the previous year. The operating profit percentage was at 94.8 % (EBIT: 0.5 mDKK), while net earnings were 985.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.5 %, which can be considered excellent and Return on Equity (ROE) was 23.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BAGGER VEJEN ApS's liquidity measured by quick ratio was 537.5 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales254.93891.291 000.33858.55475.27
Gross profit246.21881.82988.05843.85450.39
EBIT246.21881.82988.05843.85450.39
Net earnings265.471 071.01690.131 126.22985.35
Shareholders equity total1 153.512 113.932 691.063 702.884 570.42
Balance sheet total (assets)1 161.512 123.982 701.113 710.894 704.81
Net debt- 491.29-1 709.69-2 276.19-3 282.28-4 296.12
Profitability
EBIT-%96.6 %98.9 %98.8 %98.3 %94.8 %
ROA24.5 %65.6 %47.0 %35.2 %26.5 %
ROE24.7 %65.6 %28.7 %35.2 %23.8 %
ROI24.7 %66.0 %47.2 %35.3 %27.0 %
Economic value added (EVA)246.31863.74986.27843.36396.88
Solvency
Equity ratio99.3 %99.5 %99.6 %99.8 %97.1 %
Gearing
Relative net indebtedness %-189.6 %-190.7 %-226.5 %-381.4 %-875.7 %
Liquidity
Quick ratio94.6214.9228.4412.4537.5
Current ratio94.6214.9228.4412.4537.5
Cash and cash equivalents491.291 709.692 276.193 282.284 296.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %121.5 %1.9 %48.9 %16.5 %104.7 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:26.5%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.1%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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