BELL ESTATE A/S — Credit Rating and Financial Key Figures

CVR number: 27578071
Klokkestøbervej 12, 8800 Viborg

Company information

Official name
BELL ESTATE A/S
Established
2004
Company form
Limited company
Industry

About BELL ESTATE A/S

BELL ESTATE A/S (CVR number: 27578071) is a company from VIBORG. The company recorded a gross profit of 476.1 kDKK in 2023. The operating profit was 215.6 kDKK, while net earnings were 177.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good but Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 89.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BELL ESTATE A/S's liquidity measured by quick ratio was 3.3 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 profit475.20436.64410.09497.57476.11
EBIT214.68176.13149.58237.05215.59
Net earnings165.71135.38113.46187.03177.71
Shareholders equity total3 276.353 011.732 725.192 512.232 289.93
Balance sheet total (assets)3 582.903 299.623 454.372 792.402 560.76
Net debt- 465.24- 393.12- 457.74- 456.29- 388.67
Profitability
EBIT-%
ROA6.1 %5.1 %4.4 %7.7 %8.6 %
ROE5.2 %4.3 %4.0 %7.1 %7.4 %
ROI6.4 %5.3 %4.6 %8.2 %9.1 %
Economic value added (EVA)13.07-4.01-12.5790.9364.72
Solvency
Equity ratio91.4 %91.3 %78.9 %90.0 %89.4 %
Gearing1.6 %14.7 %
Relative net indebtedness %
Liquidity
Quick ratio3.43.41.53.23.3
Current ratio3.43.41.53.23.3
Cash and cash equivalents465.24442.47857.74456.29388.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.59%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.4%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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