Be-Ge Seating A/S

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

Credit rating

Company information

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

About the company

Be-Ge Seating A/S (CVR number: 51617312) is a company from THISTED. The company reported a net sales of 76.6 mDKK in 2023, demonstrating a growth of 147.6 % compared to the previous year. The operating profit percentage was at 13.7 % (EBIT: 10.5 mDKK), while net earnings were 8181.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.4 %, which can be considered excellent and Return on Equity (ROE) was 32.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Be-Ge Seating A/S's liquidity measured by quick ratio was 2.7 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
20192020202120222023
Volume
Net sales39.4655.9247.5130.9576.63
Gross profit8.6916.2710.737.1421.35
EBIT-0.777.050.170.5610.52
Net earnings-0.935.890.100.108.18
Shareholders equity total19.2725.1520.7620.8529.04
Balance sheet total (assets)24.4330.1224.8824.7237.20
Net debt-2.02-7.52
Profitability
EBIT-%-2.0 %12.6 %0.4 %1.8 %13.7 %
ROA-2.8 %25.9 %0.6 %2.3 %34.4 %
ROE-4.3 %26.5 %0.4 %0.5 %32.8 %
ROI-3.1 %25.9 %0.6 %2.4 %41.2 %
Economic value added (EVA)-1.516.09-1.09-0.637.27
Solvency
Equity ratio100.0 %100.0 %100.0 %84.8 %78.1 %
Gearing1.5 %5.0 %
Relative net indebtedness %5.0 %-1.0 %
Liquidity
Quick ratio3.12.7
Current ratio5.74.2
Cash and cash equivalents2.338.97
Capital use efficiency
Trade debtors turnover (days)58.736.1
Net working capital %58.4 %34.2 %
Credit risk
Credit ratingBBBBBBBBBBA

Variable visualization

ROA:34.4%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.1%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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