BELSIK TECHNOLOGIES ApS — Credit Rating and Financial Key Figures

CVR number: 31421225
Håndværkervej 1, 9700 Brønderslev
kbs@belsik.dk
tel: 40333120

Company information

Official name
BELSIK TECHNOLOGIES ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry

About BELSIK TECHNOLOGIES ApS

BELSIK TECHNOLOGIES ApS (CVR number: 31421225) is a company from Brønderslev. The company recorded a gross profit of 570.2 kDKK in 2023. The operating profit was 44.7 kDKK, while net earnings were 14.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 20.1 %, 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. BELSIK TECHNOLOGIES ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit980.88828.60922.37398.50570.17
EBIT376.28310.52293.32- 134.7044.66
Net earnings292.17238.74223.88- 113.4614.48
Shareholders equity total492.17438.74423.88161.54176.02
Balance sheet total (assets)819.46761.12759.52561.15877.72
Net debt- 672.12- 617.31- 453.955.21- 141.71
Profitability
EBIT-%
ROA44.5 %39.3 %38.6 %-20.4 %6.3 %
ROE56.4 %51.3 %51.9 %-38.8 %8.6 %
ROI72.7 %61.3 %56.0 %-26.8 %9.2 %
Economic value added (EVA)266.02217.47202.58- 131.719.01
Solvency
Equity ratio60.1 %57.6 %55.8 %28.8 %20.1 %
Gearing18.9 %24.0 %197.4 %192.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.52.42.31.41.3
Current ratio2.52.42.31.41.3
Cash and cash equivalents672.12700.24555.77313.61481.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:6.35%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.1%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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