BIRK TEQ A/S — Credit Rating and Financial Key Figures

CVR number: 85735519
Hedelandsvej 7, 7400 Herning
tel: 97126635

Credit rating

Company information

Official name
BIRK TEQ A/S
Personnel
60 persons
Established
1979
Company form
Limited company
Industry

About BIRK TEQ A/S

BIRK TEQ A/S (CVR number: 85735519) is a company from HERNING. The company recorded a gross profit of 9038 kDKK in 2024. The operating profit was 5132.9 kDKK, while net earnings were 3995.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.7 %, which can be considered excellent and Return on Equity (ROE) was 50.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39 %, 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. BIRK TEQ A/S's liquidity measured by quick ratio was 1.3 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 177.585 302.216 139.107 265.419 037.99
EBIT415.901 931.152 548.783 675.765 132.90
Net earnings271.301 458.601 961.672 844.723 995.22
Shareholders equity total2 668.504 127.105 088.776 933.498 928.71
Balance sheet total (assets)14 238.2716 155.4014 251.6719 561.2422 902.39
Net debt2 087.86-2 132.06-1 235.42-4 515.73-5 885.44
Profitability
EBIT-%
ROA3.2 %13.0 %17.0 %22.1 %24.7 %
ROE10.7 %42.9 %42.6 %47.3 %50.4 %
ROI6.7 %32.1 %42.6 %50.2 %57.5 %
Economic value added (EVA)139.891 258.591 772.342 549.333 544.25
Solvency
Equity ratio18.7 %25.5 %35.7 %35.4 %39.0 %
Gearing79.3 %1.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.11.41.31.3
Current ratio1.31.31.61.41.4
Cash and cash equivalents29.182 132.061 235.424 649.635 885.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBABBB

Variable visualization

ROA:24.7%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.0%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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