Bacthera Denmark A/S

CVR number: 40697322
Kogle Alle 6, 2970 Hørsholm

Credit rating

Company information

Official name
Bacthera Denmark A/S
Personnel
36 persons
Established
2019
Company form
Limited company
Industry
  • Expand more icon21Manufacture of basic pharmaceutical products and pharmaceutical preparations

About Bacthera Denmark A/S

Bacthera Denmark A/S (CVR number: 40697322) is a company from RUDERSDAL. The company reported a net sales of 93.7 mDKK in 2023, demonstrating a decline of -2.9 % compared to the previous year. The operating profit percentage was at 9.1 % (EBIT: 8.5 mDKK), while net earnings were 3697 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 8.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 39.5 %, 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. Bacthera Denmark A/S's liquidity measured by quick ratio was 1.1 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.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales26.8178.0884.5296.4993.70
Gross profit26.81149.0684.5296.4993.70
EBIT1.937.097.688.778.52
Net earnings1.505.67-7.58-8.363.70
Shareholders equity total53.0858.7551.2242.8746.56
Balance sheet total (assets)64.99156.61145.14130.83118.01
Net debt7.7864.1472.7866.8247.75
Profitability
EBIT-%7.2 %9.1 %9.1 %9.1 %9.1 %
ROA3.0 %8.1 %5.1 %6.4 %6.9 %
ROE1.4 %10.1 %-13.8 %-17.8 %8.3 %
ROI3.2 %9.3 %5.9 %7.2 %8.1 %
Economic value added (EVA)-1.092.862.928.646.04
Solvency
Equity ratio81.7 %37.5 %35.3 %32.8 %39.5 %
Gearing14.7 %123.4 %150.4 %166.6 %115.1 %
Relative net indebtedness %44.4 %114.6 %106.1 %86.4 %70.0 %
Liquidity
Quick ratio1.00.70.81.1
Current ratio1.00.70.81.1
Cash and cash equivalents8.364.244.615.87
Capital use efficiency
Trade debtors turnover (days)0.01.4
Net working capital %-35.4 %-0.2 %-3.9 %-1.4 %1.3 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:6.95%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.5%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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