Be-Ge Seating A/S — Credit Rating and Financial Key Figures

CVR number: 51617312
Vestergade 63, 7741 Frøstrup
tel: 96556700

Credit rating

Company information

Official name
Be-Ge Seating A/S
Personnel
42 persons
Established
1974
Company form
Limited company
Industry
  • Expand more icon29Manufacture of motor vehicles, trailers and semi-trailers

About Be-Ge Seating A/S

Be-Ge Seating A/S (CVR number: 51617312) is a company from THISTED. The company reported a net sales of 87.2 mDKK in 2024, demonstrating a growth of 13.7 % compared to the previous year. The operating profit percentage was at 17.4 % (EBIT: 15.1 mDKK), while net earnings were 12.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 37.3 %, which can be considered excellent and Return on Equity (ROE) was 35.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Be-Ge Seating A/S's liquidity measured by quick ratio was 4.7 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales55.9247.5130.9576.6387.16
Gross profit16.2710.737.1421.3527.65
EBIT7.050.170.5610.5215.13
Net earnings5.890.100.108.1812.14
Shareholders equity total25.1520.7620.8529.0439.67
Balance sheet total (assets)30.1224.8824.7337.2046.27
Net debt-2.02-7.52-13.06
Profitability
EBIT-%12.6 %0.4 %1.8 %13.7 %17.4 %
ROA25.9 %0.6 %2.3 %34.4 %37.3 %
ROE26.5 %0.4 %0.5 %32.8 %35.3 %
ROI25.9 %0.6 %2.4 %41.2 %43.5 %
Economic value added (EVA)6.09-1.09-0.637.2710.79
Solvency
Equity ratio100.0 %100.0 %84.8 %78.1 %85.8 %
Gearing1.5 %5.0 %3.7 %
Relative net indebtedness %5.0 %-1.0 %-9.1 %
Liquidity
Quick ratio3.12.74.7
Current ratio5.74.26.6
Cash and cash equivalents2.338.9714.52
Capital use efficiency
Trade debtors turnover (days)58.736.145.6
Net working capital %58.4 %34.2 %42.5 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:37.3%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.8%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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