Be-Ge Seating A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 55.92 | 47.51 | 30.95 | 76.63 | 87.16 |
Gross profit | 16.27 | 10.73 | 7.14 | 21.35 | 27.65 |
EBIT | 7.05 | 0.17 | 0.56 | 10.52 | 15.13 |
Net earnings | 5.89 | 0.10 | 0.10 | 8.18 | 12.14 |
Shareholders equity total | 25.15 | 20.76 | 20.85 | 29.04 | 39.67 |
Balance sheet total (assets) | 30.12 | 24.88 | 24.73 | 37.20 | 46.27 |
Net debt | -2.02 | -7.52 | -13.06 | ||
Profitability | |||||
EBIT-% | 12.6 % | 0.4 % | 1.8 % | 13.7 % | 17.4 % |
ROA | 25.9 % | 0.6 % | 2.3 % | 34.4 % | 37.3 % |
ROE | 26.5 % | 0.4 % | 0.5 % | 32.8 % | 35.3 % |
ROI | 25.9 % | 0.6 % | 2.4 % | 41.2 % | 43.5 % |
Economic value added (EVA) | 6.09 | -1.09 | -0.63 | 7.27 | 10.79 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 84.8 % | 78.1 % | 85.8 % |
Gearing | 1.5 % | 5.0 % | 3.7 % | ||
Relative net indebtedness % | 5.0 % | -1.0 % | -9.1 % | ||
Liquidity | |||||
Quick ratio | 3.1 | 2.7 | 4.7 | ||
Current ratio | 5.7 | 4.2 | 6.6 | ||
Cash and cash equivalents | 2.33 | 8.97 | 14.52 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 58.7 | 36.1 | 45.6 | ||
Net working capital % | 58.4 % | 34.2 % | 42.5 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
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