FLEMMING BELTOFT HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35474196
Tranekærvej 121, 9490 Pandrup

Company information

Official name
FLEMMING BELTOFT HOLDING ApS
Established
2013
Company form
Private limited company
Industry

About FLEMMING BELTOFT HOLDING ApS

FLEMMING BELTOFT HOLDING ApS (CVR number: 35474196) is a company from JAMMERBUGT. The company reported a net sales of 3.7 mDKK in 2023, demonstrating a growth of 20.2 % compared to the previous year. The operating profit percentage was at 99 % (EBIT: 3.7 mDKK), while net earnings were 3971.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good and Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FLEMMING BELTOFT HOLDING ApS's liquidity measured by quick ratio was 250.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales6 344.967 038.9620 467.783 119.203 749.82
Gross profit6 324.467 024.2120 442.903 091.573 712.86
EBIT6 324.467 024.2120 442.903 091.573 712.86
Net earnings6 223.327 161.4620 253.093 150.953 971.11
Shareholders equity total15 090.0522 251.5142 454.6145 505.5649 476.67
Balance sheet total (assets)18 234.3825 816.2742 469.9945 526.6951 010.14
Net debt- 431.42- 761.03- 669.22- 592.92- 721.36
Profitability
EBIT-%99.7 %99.8 %99.9 %99.1 %99.0 %
ROA44.5 %32.7 %59.9 %7.1 %8.4 %
ROE52.0 %38.4 %62.6 %7.2 %8.4 %
ROI52.4 %38.0 %62.8 %7.1 %8.5 %
Economic value added (EVA)6 551.547 493.1721 329.214 748.225 373.65
Solvency
Equity ratio82.8 %86.2 %100.0 %100.0 %97.0 %
Gearing1.3 %1.8 %0.0 %0.0 %0.0 %
Relative net indebtedness %39.7 %34.3 %-3.2 %-18.3 %21.6 %
Liquidity
Quick ratio7.811.3141.8171.2250.2
Current ratio7.811.3141.8171.2250.2
Cash and cash equivalents622.421 151.57669.60593.31721.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %40.2 %47.3 %7.8 %96.7 %163.0 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:8.37%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.0%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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