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BELSIK TECHNOLOGIES ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BELSIK TECHNOLOGIES ApS
BELSIK TECHNOLOGIES ApS (CVR number: 31421225) is a company from Brønderslev. The company recorded a gross profit of 132 kDKK in 2025. The operating profit was -130.3 kDKK, while net earnings were -116 kDKK. The profitability of the company measured by Return on Assets (ROA) was -31.9 %, which can be considered poor and Return on Equity (ROE) was -117.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.1 %, 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 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 922.37 | 398.50 | 570.17 | 326.12 | 132.03 |
| EBIT | 293.32 | - 134.70 | 44.66 | -61.53 | - 130.26 |
| Net earnings | 223.88 | - 113.46 | 14.48 | -69.51 | - 116.04 |
| Shareholders equity total | 423.88 | 161.54 | 176.02 | 106.51 | 90.47 |
| Balance sheet total (assets) | 759.52 | 561.15 | 877.72 | 555.62 | 257.60 |
| Net debt | - 453.95 | 5.21 | - 141.71 | - 143.87 | -61.88 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 38.6 % | -20.4 % | 6.3 % | -8.3 % | -31.9 % |
| ROE | 51.9 % | -38.8 % | 8.6 % | -49.2 % | -117.8 % |
| ROI | 56.0 % | -26.8 % | 9.2 % | -12.1 % | -38.5 % |
| Economic value added (EVA) | 202.58 | - 131.71 | 9.01 | -73.90 | - 125.18 |
| Solvency | |||||
| Equity ratio | 55.8 % | 28.8 % | 20.1 % | 19.2 % | 35.1 % |
| Gearing | 24.0 % | 197.4 % | 192.9 % | 340.5 % | 126.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.3 | 1.4 | 1.3 | 1.2 | 1.5 |
| Current ratio | 2.3 | 1.4 | 1.3 | 1.2 | 1.5 |
| Cash and cash equivalents | 555.77 | 313.61 | 481.25 | 506.49 | 175.89 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BB | BB | BB | BBB |
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