Bak & Olesen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Bak & Olesen ApS
Bak & Olesen ApS (CVR number: 29779325) is a company from HADERSLEV. The company reported a net sales of 1.2 mDKK in 2024, demonstrating a decline of -16.7 % compared to the previous year. The operating profit percentage was at 13.6 % (EBIT: 0.2 mDKK), while net earnings were 134.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good and Return on Equity (ROE) was 9.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Bak & Olesen ApS's liquidity measured by quick ratio was 3.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 553.39 | 1 275.15 | 1 453.51 | 1 211.00 | |
Gross profit | 553.39 | 1 170.88 | 1 275.15 | 1 453.51 | 1 211.00 |
EBIT | 354.73 | 805.76 | 968.27 | 403.81 | 165.14 |
Net earnings | 354.73 | 805.76 | 755.27 | 314.97 | 134.84 |
Shareholders equity total | - 334.87 | 470.89 | 1 141.16 | 1 465.09 | 1 395.18 |
Balance sheet total (assets) | 92.20 | 948.45 | 1 422.41 | 1 750.87 | 1 485.58 |
Net debt | -50.77 | - 620.50 | -17.77 | - 363.81 | - 216.61 |
Profitability | |||||
EBIT-% | 64.1 % | 75.9 % | 27.8 % | 13.6 % | |
ROA | 57.0 % | 117.2 % | 81.7 % | 25.5 % | 10.2 % |
ROE | 321.6 % | 286.2 % | 93.7 % | 24.2 % | 9.4 % |
ROI | 14317.9 % | 342.2 % | 120.1 % | 31.0 % | 11.5 % |
Economic value added (EVA) | 389.13 | 822.59 | 731.61 | 257.63 | 61.22 |
Solvency | |||||
Equity ratio | -78.4 % | 49.6 % | 80.2 % | 83.7 % | 93.9 % |
Gearing | |||||
Relative net indebtedness % | 68.0 % | 20.7 % | -5.4 % | -10.4 % | |
Liquidity | |||||
Quick ratio | 0.2 | 1.7 | 0.8 | 2.0 | 3.6 |
Current ratio | 0.2 | 1.7 | 0.8 | 2.0 | 3.6 |
Cash and cash equivalents | 50.77 | 620.50 | 17.77 | 363.81 | 216.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 27.3 | 57.4 | 52.5 | 26.1 | |
Net working capital % | -60.5 % | -4.9 % | 19.8 % | 19.5 % | |
Credit risk | |||||
Credit rating | B | BB | BBB | BBB | BBB |
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