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 375.6 mDKK in 2024, demonstrating a decline of -4.1 % compared to the previous year. The operating profit percentage was at 3.2 % (EBIT: 12 mDKK), while net earnings were 9173.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good but Return on Equity (ROE) was 22.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.9 %, 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. BASE ERHVERV A/S's liquidity measured by quick ratio was 2.6 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 301.48 | 447.70 | 614.28 | 391.72 | 375.56 |
Gross profit | 22.02 | 32.92 | 33.90 | 35.99 | 33.71 |
EBIT | 22.02 | 32.92 | 33.90 | 13.11 | 12.01 |
Net earnings | 9.11 | 9.21 | 8.45 | 9.69 | 9.17 |
Shareholders equity total | 29.79 | 35.00 | 37.45 | 41.14 | 40.61 |
Balance sheet total (assets) | 87.51 | 135.88 | 133.23 | 150.23 | 128.30 |
Net debt | -34.00 | -11.44 | |||
Profitability | |||||
EBIT-% | 7.3 % | 7.4 % | 5.5 % | 3.3 % | 3.2 % |
ROA | 29.1 % | 29.5 % | 25.2 % | 9.9 % | 9.3 % |
ROE | 34.7 % | 28.4 % | 23.3 % | 24.7 % | 22.4 % |
ROI | 29.1 % | 29.5 % | 25.2 % | 14.0 % | 18.1 % |
Economic value added (EVA) | 20.88 | 31.42 | 32.14 | 8.30 | 5.92 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 31.0 % | 45.9 % |
Gearing | 20.0 % | 43.2 % | |||
Relative net indebtedness % | 12.4 % | 10.9 % | |||
Liquidity | |||||
Quick ratio | 1.7 | 2.6 | |||
Current ratio | 1.7 | 2.3 | |||
Cash and cash equivalents | 42.25 | 28.97 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 82.4 | 74.8 | |||
Net working capital % | 15.6 % | 18.9 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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