Karsten Beltoft ApS — Credit Rating and Financial Key Figures

CVR number: 37284068
Tvebjergvej 83, 9600 Aars
kbeltoft@mail.dk
tel: 98666226

Company information

Official name
Karsten Beltoft ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry

About Karsten Beltoft ApS

Karsten Beltoft ApS (CVR number: 37284068) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 556.5 kDKK in 2024. The operating profit was 92.9 kDKK, while net earnings were 699.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak and Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 86.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Karsten Beltoft ApS's liquidity measured by quick ratio was 25.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit8 766.72602.181 099.073 826.96556.52
EBIT8 020.4349.47675.033 374.2092.91
Net earnings7 169.18-11.63530.853 815.98699.94
Shareholders equity total14 711.0614 699.4215 230.2819 046.2619 746.20
Balance sheet total (assets)25 991.6220 836.2619 914.5622 424.7022 842.56
Net debt8 650.222 859.22889.98-9 042.57124.76
Profitability
EBIT-%
ROA36.8 %0.3 %3.3 %20.1 %3.9 %
ROE64.4 %-0.1 %3.5 %22.3 %3.6 %
ROI37.5 %0.3 %3.5 %20.6 %4.0 %
Economic value added (EVA)6 491.07-1 257.02- 409.382 103.64-1 020.40
Solvency
Equity ratio56.6 %70.5 %76.5 %84.9 %86.4 %
Gearing59.4 %23.9 %16.8 %9.1 %8.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.23.56.518.525.6
Current ratio2.33.76.718.525.6
Cash and cash equivalents83.13652.301 672.1910 771.841 474.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:3.92%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.4%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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