BENICON ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BENICON ApS
BENICON ApS (CVR number: 28976747) is a company from AALBORG. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a decline of -1.8 % compared to the previous year. The operating profit percentage was at 25.3 % (EBIT: 0.1 mDKK), while net earnings were 51.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.1 %, which can be considered excellent and Return on Equity (ROE) was 28 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BENICON ApS's liquidity measured by quick ratio was 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 545.98 | 508.50 | 482.38 | 338.00 | 332.00 |
Gross profit | 516.80 | 479.17 | 462.24 | 311.66 | 311.08 |
EBIT | 26.67 | 36.88 | 45.94 | 23.93 | 83.87 |
Net earnings | 20.01 | 27.91 | 33.98 | 17.45 | 51.22 |
Shareholders equity total | 77.92 | 105.83 | 139.80 | 157.26 | 208.50 |
Balance sheet total (assets) | 173.33 | 258.04 | 185.06 | 203.36 | 260.72 |
Net debt | -82.31 | - 177.05 | -89.64 | -11.96 | -43.78 |
Profitability | |||||
EBIT-% | 4.9 % | 7.3 % | 9.5 % | 7.1 % | 25.3 % |
ROA | 17.8 % | 17.1 % | 20.7 % | 12.3 % | 36.1 % |
ROE | 29.5 % | 30.4 % | 27.7 % | 11.8 % | 28.0 % |
ROI | 39.3 % | 40.1 % | 37.1 % | 16.0 % | 45.9 % |
Economic value added (EVA) | 17.89 | 24.85 | 30.51 | 11.64 | 57.52 |
Solvency | |||||
Equity ratio | 45.0 % | 41.0 % | 75.5 % | 77.3 % | 80.0 % |
Gearing | |||||
Relative net indebtedness % | 2.4 % | -4.9 % | -9.2 % | 10.1 % | 2.5 % |
Liquidity | |||||
Quick ratio | 1.8 | 1.7 | 4.3 | 4.4 | 5.0 |
Current ratio | 1.8 | 1.7 | 4.3 | 4.4 | 5.0 |
Cash and cash equivalents | 82.31 | 177.05 | 89.64 | 11.96 | 43.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 12.7 | 14.6 | 20.6 | 29.4 | 16.0 |
Net working capital % | 13.8 % | 20.3 % | 28.9 % | 45.8 % | 62.0 % |
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BB |
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