BELLING FINANCE APS — Credit Rating and Financial Key Figures

BELLING FINANCE APS (CVR number: 42805491) is a company from EGEDAL. The company recorded a gross profit of -25.7 kDKK in 2023. The operating profit was -25.7 kDKK, while net earnings were 363.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good but Return on Equity (ROE) was 18.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 1.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. BELLING FINANCE APS's liquidity measured by quick ratio was 20.4 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.