Credit rating
Company information
About V. Bech Tools A/S
V. Bech Tools A/S (CVR number: 14313281) is a company from AARHUS. The company recorded a gross profit of 6169.7 kDKK in 2023. The operating profit was -3197.4 kDKK, while net earnings were -3261.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.6 %, which can be considered poor and Return on Equity (ROE) was -32.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. V. Bech Tools A/S's liquidity measured by quick ratio was 0.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6 667.71 | 5 637.51 | 4 520.59 | 5 801.22 | 6 169.71 |
EBIT | 507.27 | 500.00 | - 634.34 | -2 841.97 | -3 197.42 |
Net earnings | 39.15 | 131.97 | - 746.69 | -2 545.43 | -3 261.23 |
Shareholders equity total | 2 506.79 | 2 638.76 | 1 892.07 | 5 046.40 | 14 785.16 |
Balance sheet total (assets) | 22 933.16 | 21 980.98 | 23 191.36 | 30 492.43 | 35 314.81 |
Net debt | 16 091.71 | 13 979.64 | 15 534.45 | 16 889.38 | 11 702.06 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.4 % | 2.6 % | -2.5 % | -10.6 % | -9.6 % |
ROE | 1.6 % | 5.1 % | -33.0 % | -73.4 % | -32.9 % |
ROI | 2.8 % | 3.1 % | -3.1 % | -12.7 % | -10.9 % |
Economic value added (EVA) | -24.93 | -59.33 | - 930.23 | -2 623.83 | -3 048.33 |
Solvency | |||||
Equity ratio | 10.9 % | 12.0 % | 8.2 % | 16.5 % | 41.9 % |
Gearing | 655.6 % | 532.6 % | 821.8 % | 334.7 % | 85.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.4 | 0.4 | 0.3 | 0.5 |
Current ratio | 1.1 | 1.2 | 1.1 | 1.0 | 1.7 |
Cash and cash equivalents | 341.77 | 75.67 | 14.44 | 0.92 | 872.87 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BBB |
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