BACH & WESTERGREEN INVEST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BACH & WESTERGREEN INVEST ApS
BACH & WESTERGREEN INVEST ApS (CVR number: 33266006K) is a company from FAVRSKOV. The company reported a net sales of 487.7 mDKK in 2023, demonstrating a decline of -1.8 % compared to the previous year. The operating profit percentage was at 4.2 % (EBIT: 20.5 mDKK), while net earnings were 13.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 42.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. BACH & WESTERGREEN INVEST ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 399.50 | 568.68 | 496.83 | 487.71 | |
Gross profit | 60.20 | 107.38 | 102.30 | 91.50 | 100.60 |
EBIT | 17.26 | 47.51 | 36.92 | 14.11 | 20.53 |
Net earnings | 12.97 | 36.30 | 27.57 | 7.27 | 13.81 |
Shareholders equity total | 56.88 | 96.65 | 108.92 | 113.52 | 127.43 |
Balance sheet total (assets) | 188.85 | 233.07 | 261.87 | 259.10 | 308.30 |
Net debt | 37.59 | 45.44 | 45.68 | 42.76 | 75.96 |
Profitability | |||||
EBIT-% | 11.9 % | 6.5 % | 2.8 % | 4.2 % | |
ROA | 11.1 % | 22.8 % | 15.0 % | 6.4 % | 7.4 % |
ROE | 26.2 % | 48.2 % | 27.5 % | 6.7 % | 11.7 % |
ROI | 16.2 % | 31.9 % | 19.9 % | 6.2 % | 9.9 % |
Economic value added (EVA) | 10.53 | 32.53 | 22.05 | 3.27 | 8.38 |
Solvency | |||||
Equity ratio | 34.8 % | 44.9 % | 44.1 % | 47.2 % | 42.1 % |
Gearing | 88.7 % | 57.1 % | 53.9 % | 50.0 % | 64.9 % |
Relative net indebtedness % | 26.6 % | 20.5 % | 22.8 % | 31.9 % | |
Liquidity | |||||
Quick ratio | 1.8 | 2.1 | 1.8 | 1.6 | 1.3 |
Current ratio | 1.1 | 1.5 | 1.4 | 1.2 | 1.2 |
Cash and cash equivalents | 12.89 | 9.79 | 13.03 | 14.04 | 6.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 48.3 | 18.9 | 31.9 | 29.2 | |
Net working capital % | 8.5 % | 5.5 % | 2.7 % | 3.3 % | |
Credit risk | |||||
Credit rating | A | AAA | AAA | AAA | AAA |
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