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BETHIEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BETHIEN A/S
BETHIEN A/S (CVR number: 13009600) is a company from GREVE. The company recorded a gross profit of 386.8 kDKK in 2024. The operating profit was -9915.9 kDKK, while net earnings were -10.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -52.1 %, which can be considered poor and Return on Equity (ROE) was -127.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -33.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. BETHIEN A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 8 972.59 | 10 010.40 | 9 743.29 | 10 093.46 | 386.80 |
| EBIT | 594.86 | 625.42 | 617.22 | 615.38 | -9 915.90 |
| Net earnings | 248.97 | 295.21 | 197.31 | 130.22 | -10 336.54 |
| Shareholders equity total | 4 433.22 | 4 508.43 | 4 480.74 | 4 610.95 | -5 725.59 |
| Balance sheet total (assets) | 14 579.23 | 18 474.98 | 16 823.17 | 20 552.05 | 11 567.01 |
| Net debt | 7 086.81 | 7 289.31 | 9 931.38 | 9 931.97 | 14 883.12 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 4.4 % | 3.9 % | 4.1 % | 3.5 % | -52.1 % |
| ROE | 5.8 % | 6.6 % | 4.4 % | 2.9 % | -127.8 % |
| ROI | 6.5 % | 5.4 % | 5.4 % | 4.3 % | -65.3 % |
| Economic value added (EVA) | -12.02 | - 114.08 | - 156.55 | - 288.77 | -10 661.81 |
| Solvency | |||||
| Equity ratio | 30.4 % | 24.4 % | 26.6 % | 22.4 % | -33.1 % |
| Gearing | 159.9 % | 164.5 % | 228.0 % | 224.8 % | -264.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.4 | 0.9 | 1.4 | 1.0 | 0.5 |
| Current ratio | 4.5 | 2.7 | 4.2 | 2.6 | 1.2 |
| Cash and cash equivalents | 128.60 | 286.83 | 435.64 | 242.87 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | C |
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