BAK Værktøj ApS — Credit Rating and Financial Key Figures

CVR number: 19464334
Stamholmen 71-73, 2650 Hvidovre

Credit rating

Company information

Official name
BAK Værktøj ApS
Established
1996
Company form
Private limited company
Industry

About BAK Værktøj ApS

BAK Værktøj ApS (CVR number: 19464334) is a company from HVIDOVRE. The company recorded a gross profit of 200.9 kDKK in 2023. The operating profit was 175.9 kDKK, while net earnings were 159.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good and Return on Equity (ROE) was 14.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 59.8 %, 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. BAK Værktøj ApS's liquidity measured by quick ratio was 2.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit489.50248.67223.62351.19200.89
EBIT422.47163.61186.86327.16175.95
Net earnings297.35169.12181.96211.00159.37
Shareholders equity total584.71594.12776.08987.081 146.45
Balance sheet total (assets)1 058.281 334.581 256.491 653.111 918.17
Net debt- 501.72- 121.13- 575.96- 543.98-28.22
Profitability
EBIT-%
ROA48.2 %15.1 %14.4 %22.7 %11.7 %
ROE68.2 %28.7 %26.6 %23.9 %14.9 %
ROI95.0 %22.3 %20.7 %35.7 %18.8 %
Economic value added (EVA)286.40149.73184.89200.75118.71
Solvency
Equity ratio55.3 %44.5 %61.8 %59.7 %59.8 %
Gearing0.5 %73.0 %8.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.21.82.62.52.5
Current ratio2.21.82.62.52.5
Cash and cash equivalents504.92554.82575.96630.5128.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:11.7%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.8%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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