2 B BIOGAS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About 2 B BIOGAS A/S
2 B BIOGAS A/S (CVR number: 26688396) is a company from FREDERIKSHAVN. The company recorded a gross profit of 321.6 kDKK in 2021. The operating profit was -1454.4 kDKK, while net earnings were -1593.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -47.1 %, which can be considered poor and Return on Equity (ROE) was -169.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -29.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. 2 B BIOGAS A/S's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 310.95 | 1 284.13 | 1 395.14 | 1 359.76 | 321.56 |
EBIT | 610.47 | 396.16 | 478.52 | 624.68 | -1 454.39 |
Net earnings | 252.73 | 97.19 | 206.47 | 337.81 | -1 593.17 |
Shareholders equity total | 739.72 | 836.91 | 1 043.38 | 1 381.19 | - 211.98 |
Balance sheet total (assets) | 6 449.08 | 6 185.85 | 5 740.85 | 5 460.16 | 499.45 |
Net debt | 5 334.22 | 5 170.47 | 4 102.85 | 3 900.28 | 397.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.0 % | 6.3 % | 8.0 % | 11.2 % | -47.1 % |
ROE | 41.2 % | 12.3 % | 22.0 % | 27.9 % | -169.4 % |
ROI | 9.6 % | 6.6 % | 8.6 % | 12.0 % | -51.0 % |
Economic value added (EVA) | 228.99 | 71.61 | 144.05 | 265.80 | -1 660.84 |
Solvency | |||||
Equity ratio | 11.5 % | 13.5 % | 18.2 % | 25.3 % | -29.8 % |
Gearing | 721.1 % | 617.8 % | 393.5 % | 282.6 % | -189.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.6 | 0.7 | 0.6 | 0.6 |
Current ratio | 0.8 | 0.9 | 1.1 | 1.2 | 0.6 |
Cash and cash equivalents | 2.35 | 2.63 | 3.75 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BB |
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