BEST HOLDINGS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BEST HOLDINGS A/S
BEST HOLDINGS A/S (CVR number: 73321115) is a company from HELSINGØR. The company recorded a gross profit of -222 kDKK in 2023. The operating profit was -1006.9 kDKK, while net earnings were 696.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.2 %, which can be considered excellent but Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 80 %, 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 HOLDINGS A/S's liquidity measured by quick ratio was 2.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 354.13 | - 238.64 | - 279.32 | - 163.37 | - 221.98 |
EBIT | - 863.66 | - 902.71 | -1 052.18 | - 879.98 | -1 006.93 |
Net earnings | 18 835.00 | 5 860.24 | 2 308.03 | -5 501.37 | 696.49 |
Shareholders equity total | 33 299.48 | 35 159.72 | 34 467.75 | 26 966.38 | 25 162.87 |
Balance sheet total (assets) | 37 543.85 | 39 912.93 | 42 845.93 | 32 476.92 | 31 467.27 |
Net debt | -12 656.79 | -12 073.25 | -15 798.30 | -10 092.82 | -13 559.45 |
Profitability | |||||
EBIT-% | |||||
ROA | 64.2 % | 20.3 % | 19.4 % | 11.2 % | 16.2 % |
ROE | 75.7 % | 17.1 % | 6.6 % | -17.9 % | 2.7 % |
ROI | 65.5 % | 20.6 % | 20.4 % | 11.9 % | 17.2 % |
Economic value added (EVA) | -1 234.35 | -1 748.97 | -1 682.88 | -1 592.62 | -1 633.08 |
Solvency | |||||
Equity ratio | 88.7 % | 88.1 % | 80.4 % | 83.0 % | 80.0 % |
Gearing | 10.9 % | 12.7 % | 13.0 % | 16.4 % | 14.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.9 | 3.5 | 2.4 | 2.7 | 2.8 |
Current ratio | 3.9 | 3.5 | 2.4 | 2.7 | 2.8 |
Cash and cash equivalents | 16 278.76 | 16 536.25 | 20 285.86 | 14 505.82 | 17 112.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | A | AA |
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