BELVENT A/S — Credit Rating and Financial Key Figures

CVR number: 18999102
Rughøjvej 29, Bellinge 5250 Odense SV
BV@belvent.dk
tel: 65961601
www.belvent.dk

Credit rating

Company information

Official name
BELVENT A/S
Personnel
19 persons
Established
1996
Domicile
Bellinge
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About BELVENT A/S

BELVENT A/S (CVR number: 18999102) is a company from ODENSE. The company recorded a gross profit of 12.4 mDKK in 2023. The operating profit was 3906.6 kDKK, while net earnings were 2852.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51.4 %, which can be considered excellent and Return on Equity (ROE) was 193.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. BELVENT A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit10 175.118 067.842 874.349 523.4812 430.80
EBIT1 431.49170.81-3 555.241 768.933 906.59
Net earnings1 010.8872.10-2 812.461 198.192 852.86
Shareholders equity total1 591.361 663.45-1 149.0149.192 902.05
Balance sheet total (assets)7 883.667 319.528 471.347 939.807 894.64
Net debt1 946.13677.182 005.352 377.67429.48
Profitability
EBIT-%
ROA16.2 %2.8 %-41.7 %20.5 %51.4 %
ROE93.1 %4.4 %-55.5 %28.1 %193.3 %
ROI34.7 %6.7 %-137.2 %69.6 %122.4 %
Economic value added (EVA)1 087.3751.38-2 837.291 407.283 020.48
Solvency
Equity ratio20.2 %22.7 %-11.9 %0.6 %36.8 %
Gearing124.0 %45.9 %-180.3 %4854.2 %21.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.00.80.81.3
Current ratio1.01.00.80.91.5
Cash and cash equivalents26.6185.5866.4810.02200.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBA

Variable visualization

ROA:51.4%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.8%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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