BITZER Electronics A/S — Credit Rating and Financial Key Figures

CVR number: 21340006
Kærvej 77, 6400 Sønderborg
info@bitzerdk.com
tel: 73423737

Company information

Official name
BITZER Electronics A/S
Personnel
151 persons
Established
1998
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit122 857.00113 474.00116 324.0084 406.0093 159.00
EBIT42 198.0034 122.0032 020.002 918.007 513.00
Net earnings27 236.0030 819.0024 993.00-35 797.00- 266 478.00
Shareholders equity total37 749.0048 568.0073 561.0037 764.00- 228 714.00
Balance sheet total (assets)119 417.00132 795.00124 873.001 393 451.001 223 379.00
Net debt1 290 749.001 309 130.00
Profitability
EBIT-%
ROA29.7 %27.1 %24.9 %0.5 %16.9 %
ROE47.6 %71.4 %40.9 %-64.3 %-42.3 %
ROI29.7 %27.1 %24.9 %0.5 %-15.6 %
Economic value added (EVA)38 345.6332 225.1129 579.46- 505.69-60 561.48
Solvency
Equity ratio100.0 %100.0 %100.0 %2.7 %-15.8 %
Gearing3418.1 %-582.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.1
Current ratio0.20.2
Cash and cash equivalents46.0023 381.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:16.9%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-15.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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