BIO VÆKST ApS — Credit Rating and Financial Key Figures

CVR number: 26661684
Vadsbystræde 6, Vadsby 2640 Hedehusene

Company information

Official name
BIO VÆKST ApS
Personnel
3 persons
Established
2002
Domicile
Vadsby
Company form
Private limited company
Industry

About BIO VÆKST ApS

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales7 381.7711 591.7513 826.5916 034.7012 839.99
Gross profit227.82157.82- 610.852 496.263 095.38
EBIT-1 238.98-1 316.98-1 994.75475.461 175.90
Net earnings-1 062.24-1 273.98-1 804.76831.03698.39
Shareholders equity total4 557.213 283.241 478.472 309.503 007.89
Balance sheet total (assets)12 776.4714 381.6813 755.6311 726.189 402.14
Net debt4 869.605 372.056 078.943 254.292 836.36
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)-1 178.50-1 237.02-1 690.48293.25887.10
Solvency
Equity ratio35.7 %22.8 %10.7 %19.7 %32.0 %
Gearing115.6 %182.1 %451.5 %215.0 %118.5 %
Relative net indebtedness %105.9 %90.5 %84.5 %48.1 %44.1 %
Liquidity
Quick ratio1.71.41.21.82.7
Current ratio1.71.41.31.82.8
Cash and cash equivalents399.39605.15596.441 710.29727.15
Capital use efficiency
Trade debtors turnover (days)43.531.736.318.112.4
Net working capital %20.4 %13.0 %9.4 %17.6 %27.4 %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:11.1%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.0%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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