BELLING HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BELLING HOLDING ApS
BELLING HOLDING ApS (CVR number: 19613437K) is a company from MIDDELFART. The company recorded a gross profit of 125.4 mDKK in 2024. The operating profit was 51.5 mDKK, while net earnings were 29.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 42.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. BELLING HOLDING ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 116 000.00 | 90 000.00 | 119 000.00 | 71 720.00 | 125 433.00 |
EBIT | 73 000.00 | 254 000.00 | 63 000.00 | 8 563.00 | 51 544.00 |
Net earnings | 51 000.00 | 225 000.00 | 34 000.00 | 2 339.00 | 29 791.00 |
Shareholders equity total | 562 000.00 | 780 000.00 | 785 000.00 | 780 705.00 | 809 027.00 |
Balance sheet total (assets) | 1 486 000.00 | 1 759 000.00 | 1 745 000.00 | 1 883 357.00 | 1 930 098.00 |
Net debt | 857 622.00 | 877 012.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 5.2 % | 15.7 % | 3.6 % | 1.3 % | 3.5 % |
ROE | 9.5 % | 33.5 % | 4.3 % | 0.3 % | 4.4 % |
ROI | 5.2 % | 15.7 % | 3.6 % | 1.3 % | 3.6 % |
Economic value added (EVA) | 47 221.75 | 225 759.50 | 23 805.00 | -33 366.52 | -36 031.74 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 41.7 % | 42.1 % |
Gearing | 120.1 % | 118.9 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 1.3 | |||
Current ratio | 2.1 | 1.2 | |||
Cash and cash equivalents | 79 988.00 | 85 053.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
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