BANG & OLUFSEN DANMARK A/S — Credit Rating and Financial Key Figures

BANG & OLUFSEN DANMARK A/S (CVR number: 27126898) is a company from STRUER. The company reported a net sales of 155.3 mDKK in 2023, demonstrating a decline of -4.5 % compared to the previous year. The operating profit percentage was at 3 % (EBIT: 4.7 mDKK), while net earnings were 1735 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 20.9 %, 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. BANG & OLUFSEN DANMARK A/S's liquidity measured by quick ratio was 1.2 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.