Belt Generators ApS — Credit Rating and Financial Key Figures

CVR number: 39093618
Knasterhovvej 21, Tåsinge 5700 Svendborg
belt@sydfynsnet.dk
www.directdrivetrain.com

Credit rating

Company information

Official name
Belt Generators ApS
Established
2017
Domicile
Tåsinge
Company form
Private limited company
Industry
  • Expand more icon27Manufacture of electrical equipment

About Belt Generators ApS

Belt Generators ApS (CVR number: 39093618) is a company from SVENDBORG. The company recorded a gross profit of 28.3 kDKK in 2023. The operating profit was 23.2 kDKK, while net earnings were 17.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good but Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 88.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Belt Generators ApS's liquidity measured by quick ratio was 3.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit320.61-47.70-37.61-32.7128.34
EBIT308.79-52.45-43.58-36.1123.16
Net earnings239.18-34.21-54.43-29.3517.95
Shareholders equity total307.97273.76258.34228.99246.94
Balance sheet total (assets)681.88422.41423.51269.16280.11
Net debt- 286.22- 182.25- 114.57-28.41-79.03
Profitability
EBIT-%
ROA40.7 %-9.5 %-10.3 %-10.4 %8.4 %
ROE127.0 %-11.8 %-20.5 %-12.0 %7.5 %
ROI157.8 %-17.7 %-16.4 %-14.8 %9.7 %
Economic value added (EVA)239.24-33.78-53.63-35.717.99
Solvency
Equity ratio45.2 %64.8 %61.0 %85.1 %88.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.41.21.11.43.1
Current ratio1.41.21.11.43.1
Cash and cash equivalents286.22182.25114.5728.4179.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:8.43%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.2%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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