Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 26.81 | 78.08 | 84.52 | 96.49 | 93.70 |
Gross profit | 26.81 | 149.06 | 84.52 | 96.49 | 93.70 |
EBIT | 1.93 | 7.09 | 7.68 | 8.77 | 8.52 |
Net earnings | 1.50 | 5.67 | -7.58 | -8.36 | 3.70 |
Shareholders equity total | 53.08 | 58.75 | 51.22 | 42.87 | 46.56 |
Balance sheet total (assets) | 64.99 | 156.61 | 145.14 | 130.83 | 118.01 |
Net debt | 7.78 | 64.14 | 72.78 | 66.82 | 47.75 |
Profitability | |||||
EBIT-% | 7.2 % | 9.1 % | 9.1 % | 9.1 % | 9.1 % |
ROA | 3.0 % | 8.1 % | 5.1 % | 6.4 % | 6.9 % |
ROE | 1.4 % | 10.1 % | -13.8 % | -17.8 % | 8.3 % |
ROI | 3.2 % | 9.3 % | 5.9 % | 7.2 % | 8.1 % |
Economic value added (EVA) | -1.09 | 2.86 | 2.92 | 8.64 | 6.04 |
Solvency | |||||
Equity ratio | 81.7 % | 37.5 % | 35.3 % | 32.8 % | 39.5 % |
Gearing | 14.7 % | 123.4 % | 150.4 % | 166.6 % | 115.1 % |
Relative net indebtedness % | 44.4 % | 114.6 % | 106.1 % | 86.4 % | 70.0 % |
Liquidity | |||||
Quick ratio | 1.0 | 0.7 | 0.8 | 1.1 | |
Current ratio | 1.0 | 0.7 | 0.8 | 1.1 | |
Cash and cash equivalents | 8.36 | 4.24 | 4.61 | 5.87 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.0 | 1.4 | |||
Net working capital % | -35.4 % | -0.2 % | -3.9 % | -1.4 % | 1.3 % |
Credit risk | |||||
Credit rating | A | A | A | A | AA |
Variable visualization
Roles
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions
... and more!
No registration needed.