BYGHERREFORENINGEN I DANMARK (BID) — Credit Rating and Financial Key Figures

CVR number: 24202674
Bryghuspladsen 8, 1473 København K
tel: 70201271

Credit rating

Company information

Official name
BYGHERREFORENINGEN I DANMARK (BID)
Personnel
38 persons
Established
1999
Industry
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About BYGHERREFORENINGEN I DANMARK (BID)

BYGHERREFORENINGEN I DANMARK (BID) (CVR number: 24202674) is a company from KØBENHAVN. The company reported a net sales of 27.7 mDKK in 2023, demonstrating a growth of 8.1 % compared to the previous year. The operating profit percentage was at 1.4 % (EBIT: 0.4 mDKK), while net earnings were 329.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 14 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 30.1 %, 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. BYGHERREFORENINGEN I DANMARK (BID)'s liquidity measured by quick ratio was 1.8 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales18 618.1120 462.6823 387.3325 594.5127 665.96
Gross profit10 515.2413 004.7314 436.6216 307.6117 894.24
EBIT222.01194.48- 148.35-4.85385.40
Net earnings210.65166.23- 197.78-57.18329.36
Shareholders equity total2 268.942 435.182 237.392 180.212 509.57
Balance sheet total (assets)7 951.699 002.6210 019.819 731.108 950.69
Net debt-2 446.30-2 289.46-2 805.75-3 100.52-1 514.29
Profitability
EBIT-%1.2 %1.0 %-0.6 %-0.0 %1.4 %
ROA2.9 %2.3 %-1.6 %-0.0 %4.1 %
ROE9.7 %7.1 %-8.5 %-2.6 %14.0 %
ROI4.5 %6.6 %-4.2 %-0.2 %16.4 %
Economic value added (EVA)249.88203.39- 155.6723.71431.65
Solvency
Equity ratio32.2 %31.7 %29.1 %31.8 %30.1 %
Gearing
Relative net indebtedness %19.7 %20.9 %21.3 %17.4 %17.8 %
Liquidity
Quick ratio1.82.22.42.81.8
Current ratio1.41.71.51.51.6
Cash and cash equivalents2 446.302 289.462 805.753 100.521 514.29
Capital use efficiency
Trade debtors turnover (days)40.239.434.526.244.4
Net working capital %12.1 %17.8 %14.8 %13.4 %12.2 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.13%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.1%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member
Board member
Chairman of the board
Board member

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