CHR. BÆRENTSEN HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CHR. BÆRENTSEN HOLDING A/S
CHR. BÆRENTSEN HOLDING A/S (CVR number: 33947348) is a company from AARHUS. The company recorded a gross profit of -45.1 kDKK in 2023. The operating profit was -45.1 kDKK, while net earnings were 5731.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent and Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 39.3 %, 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. CHR. BÆRENTSEN HOLDING 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -10.63 | -5.54 | -5.50 | -6.81 | -45.13 |
EBIT | -10.63 | -5.54 | -5.50 | -6.81 | -45.13 |
Net earnings | 6 315.80 | 10 730.83 | 1 703.21 | 6 107.92 | 5 731.93 |
Shareholders equity total | 46 230.05 | 56 960.88 | 58 664.09 | 64 772.01 | 81 583.03 |
Balance sheet total (assets) | 182 090.93 | 187 255.38 | 184 020.37 | 188 611.66 | 207 540.05 |
Net debt | 134 281.79 | 127 442.54 | 125 348.27 | 123 831.65 | 124 297.63 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.8 % | 7.0 % | 2.0 % | 4.4 % | 4.0 % |
ROE | 14.7 % | 20.8 % | 2.9 % | 9.9 % | 7.8 % |
ROI | 4.9 % | 7.1 % | 2.1 % | 4.4 % | 4.0 % |
Economic value added (EVA) | 5 042.73 | 5 509.85 | 6 194.26 | 6 427.94 | 6 856.43 |
Solvency | |||||
Equity ratio | 25.4 % | 30.4 % | 31.9 % | 34.3 % | 39.3 % |
Gearing | 290.5 % | 223.7 % | 213.7 % | 191.2 % | 152.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 2.4 | 10.5 | 17.5 | 1.7 |
Current ratio | 1.6 | 2.4 | 10.5 | 17.5 | 1.7 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | A |
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