BENT BRANDT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BENT BRANDT A/S
BENT BRANDT A/S (CVR number: 37238910) is a company from AARHUS. The company reported a net sales of 592.4 mDKK in 2023, demonstrating a growth of 9 % compared to the previous year. The operating profit percentage was at 6.3 % (EBIT: 37.2 mDKK), while net earnings were 31.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.1 %, which can be considered excellent and Return on Equity (ROE) was 23.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BENT BRANDT A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 521.38 | 458.41 | 446.31 | 543.38 | 592.36 |
Gross profit | 106.49 | 90.53 | 88.13 | 113.05 | 116.19 |
EBIT | 36.18 | 19.09 | 21.18 | 39.45 | 37.21 |
Net earnings | 31.17 | 17.56 | 18.77 | 33.39 | 31.45 |
Shareholders equity total | 157.45 | 135.01 | 113.77 | 127.17 | 143.61 |
Balance sheet total (assets) | 243.55 | 199.06 | 188.16 | 222.97 | 232.64 |
Net debt | 11.30 | -23.49 | 14.05 | 20.93 | 7.66 |
Profitability | |||||
EBIT-% | 6.9 % | 4.2 % | 4.7 % | 7.3 % | 6.3 % |
ROA | 16.4 % | 10.3 % | 12.7 % | 21.1 % | 18.1 % |
ROE | 19.7 % | 12.0 % | 15.1 % | 27.7 % | 23.2 % |
ROI | 19.7 % | 13.3 % | 18.1 % | 30.8 % | 26.6 % |
Economic value added (EVA) | 19.31 | 6.87 | 12.77 | 26.80 | 24.32 |
Solvency | |||||
Equity ratio | 65.9 % | 70.4 % | 61.7 % | 57.8 % | 62.9 % |
Gearing | 22.5 % | 2.7 % | 12.8 % | 16.5 % | 8.7 % |
Relative net indebtedness % | 10.3 % | 7.6 % | 16.0 % | 17.1 % | 13.7 % |
Liquidity | |||||
Quick ratio | 2.1 | 1.6 | 1.2 | 1.0 | 1.3 |
Current ratio | 3.3 | 2.6 | 2.2 | 2.2 | 2.5 |
Cash and cash equivalents | 24.15 | 27.08 | 0.52 | 0.10 | 4.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 50.6 | 48.4 | 51.9 | 48.8 | 46.1 |
Net working capital % | 22.8 % | 21.7 % | 18.6 % | 18.7 % | 19.1 % |
Credit risk | |||||
Credit rating | AAA | AA | AA | AAA | AA |
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