BAX ApS — Credit Rating and Financial Key Figures

CVR number: 35394303
Elmevej 5, 4780 Stege

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 98.7 kDKK in 2024. The operating profit was 9.5 kDKK, while net earnings were 11.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.9 %, 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 39.8 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales58.26261.15
Gross profit147.50345.2782.5797.5898.70
EBIT51.50249.27-12.937.589.46
Net earnings59.34247.30-18.316.2511.30
Shareholders equity total1 129.281 376.58634.48640.72591.02
Balance sheet total (assets)1 158.131 390.53645.64655.07603.57
Net debt- 158.58- 355.49- 180.44-95.46-2.23
Profitability
EBIT-%88.4 %95.5 %
ROA4.7 %19.6 %-1.3 %1.2 %1.5 %
ROE5.3 %19.7 %-1.8 %1.0 %1.8 %
ROI4.8 %20.0 %-1.3 %1.2 %1.5 %
Economic value added (EVA)2.23190.94-81.77-25.66-21.01
Solvency
Equity ratio97.5 %99.0 %98.3 %97.8 %97.9 %
Gearing0.1 %0.1 %0.3 %0.3 %
Relative net indebtedness %-225.1 %-131.3 %
Liquidity
Quick ratio11.241.532.532.239.8
Current ratio11.241.532.532.239.8
Cash and cash equivalents159.97356.94182.5597.582.23
Capital use efficiency
Trade debtors turnover (days)786.8263.3
Net working capital %506.4 %216.2 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:1.50%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.9%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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