Credit rating
Company information
About Bella Operation A/S
Bella Operation A/S (CVR number: 37939838) is a company from KØBENHAVN. The company reported a net sales of 860.4 mDKK in 2023, demonstrating a growth of 20.4 % compared to the previous year. The operating profit percentage was poor at -3.1 % (EBIT: -27 mDKK), while net earnings were -27.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -5.5 %, which can be considered poor and Return on Equity (ROE) was -14.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39 %, 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. Bella Operation A/S's liquidity measured by quick ratio was 8.2 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 892.24 | 261.09 | 251.46 | 714.59 | 860.43 |
Gross profit | 331.80 | 111.58 | 212.42 | 267.60 | 290.28 |
EBIT | -28.66 | - 180.25 | 28.74 | -29.77 | -26.97 |
Net earnings | -23.49 | - 141.02 | 17.64 | -13.60 | -27.07 |
Shareholders equity total | 219.69 | 78.03 | 216.28 | 202.69 | 175.62 |
Balance sheet total (assets) | 467.54 | 400.67 | 406.71 | 506.56 | 516.26 |
Net debt | -35.72 | -27.14 | |||
Profitability | |||||
EBIT-% | -3.2 % | -69.0 % | 11.4 % | -4.2 % | -3.1 % |
ROA | -6.5 % | -41.5 % | 7.1 % | -4.8 % | -5.5 % |
ROE | -11.9 % | -94.7 % | 12.0 % | -6.5 % | -14.3 % |
ROI | -8.7 % | -41.5 % | 7.1 % | -5.0 % | -6.3 % |
Economic value added (EVA) | -35.63 | - 191.29 | 24.82 | -28.89 | -23.90 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 44.1 % | 39.0 % |
Gearing | 34.4 % | 18.8 % | |||
Relative net indebtedness % | 3.4 % | 9.0 % | |||
Liquidity | |||||
Quick ratio | 7.0 | 8.2 | |||
Current ratio | 3.1 | 2.4 | |||
Cash and cash equivalents | 105.42 | 60.22 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 41.0 | 32.9 | |||
Net working capital % | 24.9 % | 14.9 % | |||
Credit risk | |||||
Credit rating | BB | B | BBB | A | A |
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