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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 124.8 mDKK in 2025. The operating profit was 82.3 mDKK, while net earnings were 42.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 42.5 %, 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 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 90 000.00 | 119 000.00 | 109 000.00 | 125 433.00 | 124 822.00 |
| EBIT | 254 000.00 | 63 000.00 | 9 000.00 | 51 544.00 | 82 287.00 |
| Net earnings | 225 000.00 | 34 000.00 | 2 000.00 | 29 791.00 | 42 409.00 |
| Shareholders equity total | 780 000.00 | 785 000.00 | 781 000.00 | 809 027.00 | 821 438.00 |
| Balance sheet total (assets) | 1 759 000.00 | 1 745 000.00 | 1 883 000.00 | 1 930 098.00 | 1 943 100.00 |
| Net debt | 877 012.00 | 820 443.00 | |||
| Profitability | |||||
| EBIT-% | |||||
| ROA | 15.7 % | 3.6 % | 0.5 % | 3.5 % | 4.8 % |
| ROE | 33.5 % | 4.3 % | 0.3 % | 4.1 % | 6.1 % |
| ROI | 15.7 % | 3.6 % | 0.5 % | 3.6 % | 5.0 % |
| Economic value added (EVA) | 225 759.50 | 23 805.00 | -30 446.25 | 1 033.01 | -27 988.98 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 42.1 % | 42.5 % |
| Gearing | 118.9 % | 121.1 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.3 | 2.7 | |||
| Current ratio | 1.2 | 2.4 | |||
| Cash and cash equivalents | 85 053.00 | 174 579.00 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | AA | AA |
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