BASF A/S
Credit rating
Company information
About BASF A/S
BASF A/S (CVR number: 17412612) is a company from KØBENHAVN. The company reported a net sales of 1717 mDKK in 2023, demonstrating a decline of -4.2 % compared to the previous year. The operating profit percentage was at 2.7 % (EBIT: 45.6 mDKK), while net earnings were 54 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent and Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 56.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. BASF A/S's liquidity measured by quick ratio was 1.4 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 | 1 776.65 | 1 792.23 | 1 717.03 | ||
Gross profit | 408.40 | 422.40 | 359.39 | 366.07 | 368.67 |
EBIT | 25.30 | 91.60 | -10.39 | 3.80 | 45.65 |
Net earnings | 18.50 | 67.40 | -7.67 | 3.33 | 53.98 |
Shareholders equity total | 1 066.30 | 1 133.67 | 1 060.99 | 1 064.33 | 418.30 |
Balance sheet total (assets) | 1 184.20 | 1 267.00 | 1 336.17 | 1 322.99 | 744.62 |
Net debt | 175.29 | 164.36 | 222.46 | ||
Profitability | |||||
EBIT-% | -0.6 % | 0.2 % | 2.7 % | ||
ROA | 2.0 % | 7.5 % | -0.2 % | 0.7 % | 7.0 % |
ROE | 1.8 % | 6.1 % | -0.7 % | 0.3 % | 7.3 % |
ROI | 2.0 % | 7.5 % | -0.3 % | 0.8 % | 7.7 % |
Economic value added (EVA) | -33.23 | 17.71 | -65.33 | -50.49 | -17.89 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 79.4 % | 80.4 % | 56.2 % |
Gearing | 16.6 % | 15.5 % | 53.2 % | ||
Relative net indebtedness % | 15.1 % | 14.0 % | 18.5 % | ||
Liquidity | |||||
Quick ratio | 3.8 | 3.7 | 1.4 | ||
Current ratio | 4.6 | 4.9 | 2.1 | ||
Cash and cash equivalents | 0.97 | 0.45 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 34.4 | 41.5 | 35.6 | ||
Net working capital % | 55.3 % | 55.2 % | 20.5 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | AA |
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