BELL X-2 HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 21394270
Ole Rømers Gade 92, 8000 Aarhus C
tv@ricewood.dk
tel: 40604545

Credit rating

Company information

Official name
BELL X-2 HOLDING ApS
Established
1998
Company form
Private limited company
Industry

About BELL X-2 HOLDING ApS

BELL X-2 HOLDING ApS (CVR number: 21394270) is a company from AARHUS. The company recorded a gross profit of 679.5 kDKK in 2024. The operating profit was 679.5 kDKK, while net earnings were 488.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.1 %, which can be considered excellent and Return on Equity (ROE) was 49.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.3 %, 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. BELL X-2 HOLDING ApS's liquidity measured by quick ratio was 0.3 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 profit-2.123.08-6.96165.53679.50
EBIT-2.123.08-6.96165.53679.50
Net earnings5.5267.82-9.25580.36488.17
Shareholders equity total102.90170.72161.47741.831 230.01
Balance sheet total (assets)136.38559.04983.602 294.134 854.15
Net debt15.74367.65818.641 116.472 564.23
Profitability
EBIT-%
ROA-3.0 %20.9 %1.6 %38.7 %21.1 %
ROE5.5 %49.6 %-5.6 %128.5 %49.5 %
ROI-3.0 %20.9 %1.5 %42.8 %26.1 %
Economic value added (EVA)2.938.5719.86203.76598.34
Solvency
Equity ratio75.5 %30.5 %16.4 %32.3 %25.3 %
Gearing32.5 %227.5 %509.1 %160.6 %208.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.10.00.20.3
Current ratio0.50.10.00.20.3
Cash and cash equivalents17.7420.663.4874.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:21.1%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.3%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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