BEST WAY GROUP ApS — Credit Rating and Financial Key Figures

CVR number: 31072336
Porsvej 2, 9000 Aalborg
rs@bestwaymanagement.dk
tel: 27570975
www.bestwaymanagement.dk

Credit rating

Company information

Official name
BEST WAY GROUP ApS
Personnel
6 persons
Established
2007
Company form
Private limited company
Industry

About BEST WAY GROUP ApS

BEST WAY GROUP ApS (CVR number: 31072336) is a company from AALBORG. The company recorded a gross profit of 4469.3 kDKK in 2023. The operating profit was 1925.6 kDKK, while net earnings were 1646.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 87.7 %, which can be considered excellent and Return on Equity (ROE) was 107.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BEST WAY GROUP ApS's liquidity measured by quick ratio was 4.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 210.743 040.853 345.573 441.694 469.27
EBIT470.591 229.821 266.261 365.731 925.55
Net earnings351.57939.39876.161 105.541 646.63
Shareholders equity total503.421 091.241 028.011 258.551 805.18
Balance sheet total (assets)1 198.401 854.162 053.972 058.552 779.10
Net debt- 362.70- 802.25- 802.82- 618.14-1 226.21
Profitability
EBIT-%
ROA43.5 %81.1 %65.7 %69.8 %87.7 %
ROE66.6 %117.8 %82.7 %96.7 %107.5 %
ROI66.4 %122.2 %98.9 %102.7 %116.3 %
Economic value added (EVA)337.11940.66960.391 045.021 462.53
Solvency
Equity ratio42.0 %58.9 %50.0 %61.1 %65.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.43.52.63.94.2
Current ratio2.43.52.63.94.2
Cash and cash equivalents362.70802.25802.82618.141 226.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:87.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.0%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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