BITZER Electronics A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BITZER Electronics A/S
BITZER Electronics A/S (CVR number: 21340006) is a company from SØNDERBORG. The company recorded a gross profit of 93.2 mDKK in 2024. The operating profit was 7513 kDKK, while net earnings were -266.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.9 %, which can be considered excellent but Return on Equity (ROE) was -42.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -15.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. BITZER Electronics A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 122 857.00 | 113 474.00 | 116 324.00 | 84 406.00 | 93 159.00 |
EBIT | 42 198.00 | 34 122.00 | 32 020.00 | 2 918.00 | 7 513.00 |
Net earnings | 27 236.00 | 30 819.00 | 24 993.00 | -35 797.00 | - 266 478.00 |
Shareholders equity total | 37 749.00 | 48 568.00 | 73 561.00 | 37 764.00 | - 228 714.00 |
Balance sheet total (assets) | 119 417.00 | 132 795.00 | 124 873.00 | 1 393 451.00 | 1 223 379.00 |
Net debt | 1 290 749.00 | 1 309 130.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 29.7 % | 27.1 % | 24.9 % | 0.5 % | 16.9 % |
ROE | 47.6 % | 71.4 % | 40.9 % | -64.3 % | -42.3 % |
ROI | 29.7 % | 27.1 % | 24.9 % | 0.5 % | -15.6 % |
Economic value added (EVA) | 38 345.63 | 32 225.11 | 29 579.46 | - 505.69 | -60 561.48 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 2.7 % | -15.8 % |
Gearing | 3418.1 % | -582.6 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | |||
Current ratio | 0.2 | 0.2 | |||
Cash and cash equivalents | 46.00 | 23 381.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.