Credit rating
Company information
About the company
BIO VÆKST ApS (CVR number: 26661684) is a company from Høje-Taastrup. The company reported a net sales of 12.8 mDKK in 2023, demonstrating a decline of -19.9 % compared to the previous year. The operating profit percentage was at 9.2 % (EBIT: 1.2 mDKK), while net earnings were 698.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good but Return on Equity (ROE) was 26.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32 %, 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. BIO VÆKST ApS's liquidity measured by quick ratio was 2.7 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 | 7 381.77 | 11 591.75 | 13 826.59 | 16 034.70 | 12 839.99 |
Gross profit | 227.82 | 157.82 | - 610.85 | 2 496.26 | 3 095.38 |
EBIT | -1 238.98 | -1 316.98 | -1 994.75 | 475.46 | 1 175.90 |
Net earnings | -1 062.24 | -1 273.98 | -1 804.76 | 831.03 | 698.39 |
Shareholders equity total | 4 557.21 | 3 283.24 | 1 478.47 | 2 309.50 | 3 007.89 |
Balance sheet total (assets) | 12 776.47 | 14 381.68 | 13 755.63 | 11 726.18 | 9 402.14 |
Net debt | 4 869.60 | 5 372.05 | 6 078.94 | 3 254.29 | 2 836.36 |
Profitability | |||||
EBIT-% | -16.8 % | -11.4 % | -14.4 % | 3.0 % | 9.2 % |
ROA | -10.9 % | -9.7 % | -14.2 % | 3.7 % | 11.1 % |
ROE | -20.9 % | -32.5 % | -75.8 % | 43.9 % | 26.3 % |
ROI | -12.2 % | -11.0 % | -17.5 % | 4.8 % | 13.7 % |
Economic value added (EVA) | -1 178.50 | -1 237.02 | -1 690.48 | 293.25 | 887.10 |
Solvency | |||||
Equity ratio | 35.7 % | 22.8 % | 10.7 % | 19.7 % | 32.0 % |
Gearing | 115.6 % | 182.1 % | 451.5 % | 215.0 % | 118.5 % |
Relative net indebtedness % | 105.9 % | 90.5 % | 84.5 % | 48.1 % | 44.1 % |
Liquidity | |||||
Quick ratio | 1.7 | 1.4 | 1.2 | 1.8 | 2.7 |
Current ratio | 1.7 | 1.4 | 1.3 | 1.8 | 2.8 |
Cash and cash equivalents | 399.39 | 605.15 | 596.44 | 1 710.29 | 727.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 43.5 | 31.7 | 36.3 | 18.1 | 12.4 |
Net working capital % | 20.4 % | 13.0 % | 9.4 % | 17.6 % | 27.4 % |
Credit risk | |||||
Credit rating | BB | BB | B | BBB | BBB |
Variable visualization
Roles
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions
... and more!
No registration needed.