Multibelt A/S — Credit Rating and Financial Key Figures

CVR number: 36062967
Rosenkrantzvej 18, 8700 Horsens
Free credit report Annual report

Company information

Official name
Multibelt A/S
Personnel
1 person
Established
2014
Company form
Limited company
Industry

About Multibelt A/S

Multibelt A/S (CVR number: 36062967) is a company from HORSENS. The company recorded a gross profit of 402.8 kDKK in 2024. The operating profit was -77.9 kDKK, while net earnings were -74.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6 %, which can be considered poor and Return on Equity (ROE) was -7.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Multibelt A/S's liquidity measured by quick ratio was 42 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 profit-18.431 159.39723.22945.92402.83
EBIT-18.91506.62-8.00228.63-77.86
Net earnings-10.86389.67-11.34185.48-74.66
Shareholders equity total501.99891.65880.311 065.79991.13
Balance sheet total (assets)546.151 789.671 342.341 406.321 015.28
Net debt- 469.33- 778.12- 595.51- 869.11- 979.78
Profitability
EBIT-%
ROA-2.5 %43.4 %-0.5 %17.3 %-6.0 %
ROE-2.3 %55.9 %-1.3 %19.1 %-7.3 %
ROI-2.6 %66.4 %-0.8 %23.4 %-7.0 %
Economic value added (EVA)-38.01368.03-56.33129.41- 133.66
Solvency
Equity ratio91.9 %49.8 %65.6 %75.8 %97.6 %
Gearing6.6 %11.1 %10.5 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio12.22.02.94.142.0
Current ratio12.22.02.94.142.0
Cash and cash equivalents502.57877.31687.80869.45979.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-5.97%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.6%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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