BARSLUND GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BARSLUND GROUP A/S
BARSLUND GROUP A/S (CVR number: 19735397K) is a company from HELSINGØR. The company reported a net sales of 886.5 mDKK in 2020, demonstrating a decline of -32.8 % compared to the previous year. The operating profit percentage was poor at -23.2 % (EBIT: -205.7 mDKK), while net earnings were -186.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -26.9 %, which can be considered poor and Return on Equity (ROE) was -50.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -8.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. BARSLUND GROUP A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 370.26 | 1 421.16 | 1 527.12 | 1 318.43 | 886.45 |
Gross profit | 339.37 | 381.30 | 438.78 | 325.45 | 99.89 |
EBIT | 26.77 | 24.93 | 52.42 | -53.75 | - 205.74 |
Net earnings | 4.83 | 16.85 | 40.17 | -47.61 | - 186.56 |
Shareholders equity total | 151.96 | 168.99 | 196.41 | 141.89 | -57.09 |
Balance sheet total (assets) | 728.55 | 787.84 | 860.08 | 783.72 | 613.66 |
Net debt | 146.45 | 170.90 | 185.49 | 255.56 | 293.13 |
Profitability | |||||
EBIT-% | 2.0 % | 1.8 % | 3.4 % | -4.1 % | -23.2 % |
ROA | 3.5 % | 4.1 % | 8.0 % | -5.8 % | -26.9 % |
ROE | 3.4 % | 11.1 % | 23.8 % | -31.1 % | -50.9 % |
ROI | 5.9 % | 6.8 % | 13.4 % | -9.4 % | -44.1 % |
Economic value added (EVA) | 19.01 | 11.66 | 31.15 | -48.42 | - 181.72 |
Solvency | |||||
Equity ratio | 21.3 % | 21.8 % | 23.5 % | 18.3 % | -8.5 % |
Gearing | 100.6 % | 104.3 % | 108.6 % | 192.9 % | -608.0 % |
Relative net indebtedness % | 39.9 % | 41.5 % | 40.1 % | 46.5 % | 69.5 % |
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | 1.2 | 1.1 | 0.7 |
Current ratio | 1.2 | 1.1 | 1.2 | 1.1 | 0.8 |
Cash and cash equivalents | 6.48 | 5.34 | 27.83 | 18.13 | 53.96 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 62.3 | 69.4 | 74.6 | 63.1 | 78.7 |
Net working capital % | 4.6 % | 4.9 % | 6.0 % | 2.4 % | -16.5 % |
Credit risk | |||||
Credit rating | A | A | A | BBB | BB |
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