Beko Europe Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Beko Europe Denmark A/S
Beko Europe Denmark A/S (CVR number: 39945819) is a company from TÅRNBY. The company reported a net sales of 3.7 mDKK in 2023, demonstrating a decline of -8.3 % compared to the previous year. The operating profit percentage was at 4.5 % (EBIT: 0.2 mDKK), while net earnings were 517.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Beko Europe Denmark A/S's liquidity measured by quick ratio was 21 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 289.86 | 3 767.98 | 4 349.48 | 4 081.21 | 3 741.40 |
Gross profit | 2 042.42 | 2 651.70 | 3 226.07 | 2 553.12 | 2 481.77 |
EBIT | 142.28 | 158.44 | 155.31 | 207.72 | 169.35 |
Net earnings | 86.22 | 122.11 | 127.42 | 127.55 | 517.73 |
Shareholders equity total | 18 305.08 | 18 427.19 | 18 554.60 | 18 682.15 | 19 199.88 |
Balance sheet total (assets) | 19 209.14 | 19 652.06 | 19 859.07 | 20 023.58 | 20 160.31 |
Net debt | |||||
Profitability | |||||
EBIT-% | 4.3 % | 4.2 % | 3.6 % | 5.1 % | 4.5 % |
ROA | 0.9 % | 1.1 % | 1.0 % | 1.1 % | 3.6 % |
ROE | 0.5 % | 0.7 % | 0.7 % | 0.7 % | 2.7 % |
ROI | 1.0 % | 1.2 % | 1.1 % | 1.1 % | 3.8 % |
Economic value added (EVA) | - 814.48 | - 812.16 | - 820.02 | - 785.52 | - 819.35 |
Solvency | |||||
Equity ratio | 95.3 % | 93.8 % | 93.4 % | 93.3 % | 95.2 % |
Gearing | |||||
Relative net indebtedness % | 27.5 % | 32.5 % | 30.0 % | 32.9 % | 25.7 % |
Liquidity | |||||
Quick ratio | 21.2 | 16.0 | 15.2 | 14.9 | 21.0 |
Current ratio | 21.2 | 16.0 | 15.2 | 14.9 | 21.0 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 1.5 | ||||
Net working capital % | 556.4 % | 489.0 % | 426.6 % | 457.8 % | 513.2 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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