BETZER & SØN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BETZER & SØN ApS
BETZER & SØN ApS (CVR number: 28309864) is a company from MARIAGERFJORD. The company recorded a gross profit of 1032.6 kDKK in 2024. The operating profit was -266.3 kDKK, while net earnings were -214.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20 %, which can be considered poor and Return on Equity (ROE) was -36.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.1 %, 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. BETZER & SØN ApS'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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 611.37 | 2 067.18 | 1 855.42 | 2 010.25 | 1 032.58 |
EBIT | 384.01 | 674.09 | 522.25 | 599.04 | - 266.31 |
Net earnings | 246.75 | 476.94 | 379.95 | 453.49 | - 214.77 |
Shareholders equity total | 637.48 | 864.42 | 844.37 | 897.86 | 283.09 |
Balance sheet total (assets) | 1 331.59 | 1 551.94 | 1 496.31 | 1 674.79 | 973.61 |
Net debt | - 389.92 | - 207.41 | - 189.99 | - 715.70 | 278.91 |
Profitability | |||||
EBIT-% | |||||
ROA | 33.0 % | 46.8 % | 34.5 % | 38.2 % | -20.0 % |
ROE | 43.7 % | 63.5 % | 44.5 % | 52.1 % | -36.4 % |
ROI | 61.7 % | 83.1 % | 59.2 % | 66.4 % | -35.3 % |
Economic value added (EVA) | 273.22 | 481.69 | 361.59 | 421.82 | - 255.28 |
Solvency | |||||
Equity ratio | 47.9 % | 55.7 % | 56.4 % | 53.6 % | 29.1 % |
Gearing | 99.5 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.2 | 1.3 | 1.4 | 0.6 |
Current ratio | 1.7 | 2.0 | 2.2 | 2.1 | 1.3 |
Cash and cash equivalents | 389.92 | 207.41 | 189.99 | 715.70 | 2.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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