BAX ApS — Credit Rating and Financial Key Figures

CVR number: 35394303
Elmevej 5, 4780 Stege

Credit rating

Company information

Official name
BAX ApS
Established
2013
Company form
Private limited company
Industry

About BAX ApS

BAX ApS (CVR number: 35394303) is a company from VORDINGBORG. The company recorded a gross profit of 97.6 kDKK in 2023. The operating profit was 7.6 kDKK, while net earnings were 6.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BAX ApS's liquidity measured by quick ratio was 32.2 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 sales241.8458.26261.15
Gross profit235.71147.50345.2782.5797.58
EBIT234.4651.50249.27-12.937.58
Net earnings236.7859.34247.30-18.316.25
Shareholders equity total1 125.241 129.281 376.58634.48640.72
Balance sheet total (assets)1 131.421 158.131 390.53645.64655.07
Net debt- 327.53- 158.58- 355.49- 180.44-95.46
Profitability
EBIT-%96.9 %88.4 %95.5 %
ROA22.7 %4.7 %19.6 %-1.3 %1.2 %
ROE22.9 %5.3 %19.7 %-1.8 %1.0 %
ROI22.8 %4.8 %20.0 %-1.3 %1.2 %
Economic value added (EVA)251.6875.07229.64-33.08-16.38
Solvency
Equity ratio99.5 %97.5 %99.0 %98.3 %97.8 %
Gearing0.1 %0.1 %0.1 %0.3 %0.3 %
Relative net indebtedness %-133.2 %-225.1 %-131.3 %
Liquidity
Quick ratio55.911.241.532.532.2
Current ratio55.911.241.532.532.2
Cash and cash equivalents328.33159.97356.94182.5597.58
Capital use efficiency
Trade debtors turnover (days)786.8263.3
Net working capital %140.3 %506.4 %216.2 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.17%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.8%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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