BIOCARE COPENHAGEN A/S
Credit rating
Company information
About BIOCARE COPENHAGEN A/S
BIOCARE COPENHAGEN A/S (CVR number: 34202982) is a company from BRØNDBY. The company recorded a gross profit of 23.7 mDKK in 2023. The operating profit was 19.3 mDKK, while net earnings were 14.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 46.5 %, which can be considered excellent and Return on Equity (ROE) was 92.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.2 %, 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. BIOCARE COPENHAGEN A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 25 763.00 | 29 850.00 | 28 310.00 | 24 429.00 | 23 720.00 |
EBIT | 18 904.00 | 23 317.00 | 22 241.00 | 19 175.00 | 19 339.00 |
Net earnings | 14 597.00 | 17 978.00 | 17 092.00 | 14 514.00 | 14 628.00 |
Shareholders equity total | 47 359.00 | 35 337.00 | 29 429.00 | 15 943.00 | 15 571.00 |
Balance sheet total (assets) | 68 082.00 | 55 285.00 | 49 716.00 | 46 377.00 | 40 894.00 |
Net debt | -12 258.00 | 6 814.00 | 5 073.00 | ||
Profitability | |||||
EBIT-% | |||||
ROA | 31.8 % | 37.8 % | 42.4 % | 40.0 % | 46.5 % |
ROE | 36.4 % | 43.5 % | 52.8 % | 64.0 % | 92.8 % |
ROI | 31.8 % | 37.8 % | 52.3 % | 60.0 % | 69.7 % |
Economic value added (EVA) | 17 257.71 | 20 937.21 | 15 454.21 | 14 069.76 | 14 865.96 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 59.7 % | 35.1 % | 39.2 % |
Gearing | 0.8 % | 114.8 % | 53.9 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 1.2 | 1.1 | ||
Current ratio | 2.4 | 1.5 | 1.6 | ||
Cash and cash equivalents | 12 487.00 | 11 496.00 | 3 319.00 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
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