BE A/S — Credit Rating and Financial Key Figures

CVR number: 33362595
Vesterdamsvænget 56, Lind 7400 Herning

Credit rating

Company information

Official name
BE A/S
Established
2010
Domicile
Lind
Company form
Limited company
Industry

About BE A/S

BE A/S (CVR number: 33362595) is a company from HERNING. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 0 kDKK, while net earnings were 224.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good and Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BE A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales0.460.13
Gross profit-12.55-3.74-1.66-0.16
EBIT-12.55-3.74-1.66-0.16
Net earnings181.91214.59199.06319.52224.84
Shareholders equity total1 445.801 660.401 859.452 178.982 403.82
Balance sheet total (assets)1 587.311 714.051 914.772 293.932 473.78
Net debt124.9348.9150.95111.3761.52
Profitability
EBIT-%-2710.6 %-1329.6 %
ROA8.8 %13.0 %11.0 %15.2 %9.4 %
ROE13.4 %13.8 %11.3 %15.8 %9.8 %
ROI8.9 %13.0 %11.0 %15.2 %9.4 %
Economic value added (EVA)-78.40-37.5645.1749.2774.02
Solvency
Equity ratio91.1 %96.9 %97.1 %95.0 %97.2 %
Gearing9.8 %3.2 %3.0 %5.3 %2.9 %
Relative net indebtedness %27009.1 %40761.6 %
Liquidity
Quick ratio0.20.40.40.30.4
Current ratio0.20.40.40.30.4
Cash and cash equivalents16.464.624.363.588.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-23830.7 %-27950.4 %
Credit risk
Credit ratingBBBABBBABBB

Variable visualization

ROA:9.44%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.2%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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