BASE ERHVERV A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BASE ERHVERV A/S
BASE ERHVERV A/S (CVR number: 10126711) is a company from HORSENS. The company reported a net sales of 391.7 mDKK in 2023, demonstrating a decline of -36.2 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 13.1 mDKK), while net earnings were 9686.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good but Return on Equity (ROE) was 24.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31 %, 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. BASE ERHVERV A/S's liquidity measured by quick ratio was 1.7 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 247.96 | 301.48 | 447.70 | 614.28 | 391.72 |
Gross profit | 16.17 | 22.02 | 32.92 | 33.90 | 36.82 |
EBIT | 16.17 | 22.02 | 32.92 | 10.68 | 13.11 |
Net earnings | 5.08 | 9.11 | 9.21 | 8.45 | 9.69 |
Shareholders equity total | 22.68 | 29.79 | 35.00 | 37.45 | 41.14 |
Balance sheet total (assets) | 63.63 | 87.51 | 135.88 | 133.23 | 150.23 |
Net debt | -44.26 | -34.00 | |||
Profitability | |||||
EBIT-% | 6.5 % | 7.3 % | 7.4 % | 1.7 % | 3.3 % |
ROA | 25.2 % | 29.1 % | 29.5 % | 8.5 % | 9.9 % |
ROE | 24.0 % | 34.7 % | 28.4 % | 23.3 % | 24.7 % |
ROI | 36.3 % | 29.1 % | 29.5 % | 12.1 % | 23.2 % |
Economic value added (EVA) | 16.54 | 20.88 | 31.42 | 6.56 | 10.38 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 30.8 % | 31.0 % |
Gearing | 3.2 % | 20.0 % | |||
Relative net indebtedness % | 5.7 % | 12.4 % | |||
Liquidity | |||||
Quick ratio | 1.9 | 1.7 | |||
Current ratio | 1.6 | 1.7 | |||
Cash and cash equivalents | 45.48 | 42.25 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 35.1 | 82.4 | |||
Net working capital % | 8.1 % | 15.6 % | |||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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