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K/S BELVOIR STREET — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S BELVOIR STREET
K/S BELVOIR STREET (CVR number: 26311454) is a company from HØRSHOLM. The company reported a net sales of 1.4 mDKK in 2025, demonstrating a growth of 0.6 % compared to the previous year. The operating profit percentage was at 74.7 % (EBIT: 1 mDKK), while net earnings were -1916.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent but Return on Equity (ROE) was -18.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.9 %, 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. K/S BELVOIR STREET'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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1 291.90 | 1 332.40 | 1 338.01 | 1 381.43 | 1 390.11 |
| Gross profit | 1 291.90 | 1 332.40 | 1 338.01 | 1 381.43 | 1 390.11 |
| EBIT | 981.72 | 1 009.92 | 929.02 | 1 059.53 | 1 037.95 |
| Net earnings | 723.39 | - 840.59 | 425.12 | 811.38 | -1 916.18 |
| Shareholders equity total | 6 342.87 | 9 662.28 | 10 087.40 | 10 898.78 | 9 682.60 |
| Balance sheet total (assets) | 20 818.26 | 18 814.16 | 18 970.79 | 19 902.83 | 17 960.13 |
| Net debt | 12 297.45 | 8 163.65 | 8 094.93 | 8 154.15 | 7 123.19 |
| Profitability | |||||
| EBIT-% | 76.0 % | 75.8 % | 69.4 % | 76.7 % | 74.7 % |
| ROA | 5.2 % | 7.6 % | 5.0 % | 5.5 % | 7.5 % |
| ROE | 12.8 % | -10.5 % | 4.3 % | 7.7 % | -18.6 % |
| ROI | 5.4 % | 7.9 % | 5.2 % | 5.7 % | 7.8 % |
| Economic value added (EVA) | 58.83 | 7.56 | 16.09 | 141.76 | 75.38 |
| Solvency | |||||
| Equity ratio | 30.5 % | 51.4 % | 53.2 % | 54.8 % | 53.9 % |
| Gearing | 214.5 % | 88.0 % | 81.1 % | 75.8 % | 77.7 % |
| Relative net indebtedness % | 1019.3 % | 661.2 % | 657.8 % | 644.3 % | 566.5 % |
| Liquidity | |||||
| Quick ratio | 0.9 | 0.3 | 0.1 | 0.1 | 0.7 |
| Current ratio | 0.9 | 0.3 | 0.1 | 0.1 | 0.7 |
| Cash and cash equivalents | 1 307.15 | 341.88 | 81.64 | 102.87 | 402.22 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | -11.1 % | -73.3 % | -78.7 % | -82.3 % | -31.3 % |
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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