Belance ApS — Credit Rating and Financial Key Figures

CVR number: 43274546
Blåbærvej 1, Ugelbølle 8410 Rønde

Company information

Official name
Belance ApS
Personnel
1 person
Established
2022
Domicile
Ugelbølle
Company form
Private limited company
Industry

About Belance ApS

Belance ApS (CVR number: 43274546) is a company from SYDDJURS. The company recorded a gross profit of 1705.2 kDKK in 2023. The operating profit was 324.9 kDKK, while net earnings were 253.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 74 %, which can be considered excellent and Return on Equity (ROE) was 123.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.1 %, 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. Belance ApS's liquidity measured by quick ratio was 2.2 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
2022
2023
Volume
Net sales
Gross profit715.111 705.15
EBIT50.86324.93
Net earnings38.48253.50
Shareholders equity total78.48331.98
Balance sheet total (assets)264.08613.95
Net debt-77.84- 461.71
Profitability
EBIT-%
ROA19.3 %74.0 %
ROE49.0 %123.5 %
ROI64.8 %153.2 %
Economic value added (EVA)38.64253.38
Solvency
Equity ratio29.7 %54.1 %
Gearing4.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.42.2
Current ratio1.42.2
Cash and cash equivalents77.84475.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:74.0%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.1%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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