BAKKEGAARD RECYCLING A/S — Credit Rating and Financial Key Figures

CVR number: 76769117
Europavej 24, Taulov 7000 Fredericia
tel: 75381650
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Company information

Official name
BAKKEGAARD RECYCLING A/S
Personnel
10 persons
Established
1984
Domicile
Taulov
Company form
Limited company
Industry

About BAKKEGAARD RECYCLING A/S

BAKKEGAARD RECYCLING A/S (CVR number: 76769117) is a company from FREDERICIA. The company recorded a gross profit of 6785.8 kDKK in 2024. The operating profit was 3805.8 kDKK, while net earnings were 2168 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good but Return on Equity (ROE) was 19.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.4 %, 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. BAKKEGAARD RECYCLING A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 956.972 659.554 513.126 187.896 785.84
EBIT1 959.04414.781 623.703 382.683 805.83
Net earnings1 316.2738.66623.861 932.722 167.99
Shareholders equity total9 993.1010 031.7610 655.6210 588.3411 256.34
Balance sheet total (assets)30 019.7331 175.6535 741.2536 738.7938 351.07
Net debt5 553.795 241.084 235.248 023.566 181.91
Profitability
EBIT-%
ROA6.9 %1.4 %4.9 %9.4 %10.2 %
ROE14.1 %0.4 %6.0 %18.2 %19.8 %
ROI8.0 %1.6 %6.0 %11.4 %11.7 %
Economic value added (EVA)379.63-1 032.66- 128.371 263.621 353.89
Solvency
Equity ratio33.3 %32.2 %29.8 %28.8 %29.4 %
Gearing55.6 %52.3 %41.7 %86.0 %76.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.70.61.01.1
Current ratio0.70.80.91.21.4
Cash and cash equivalents6.094.39211.381 079.472 406.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.4%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member

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