Bellinge El ApS — Credit Rating and Financial Key Figures

CVR number: 39984679
Brogårdsvej 24 B, Bellinge 5250 Odense SV

Credit rating

Company information

Official name
Bellinge El ApS
Personnel
1 person
Established
2018
Domicile
Bellinge
Company form
Private limited company
Industry

About Bellinge El ApS

Bellinge El ApS (CVR number: 39984679) is a company from ODENSE. The company recorded a gross profit of 1063.1 kDKK in 2023. The operating profit was 214.6 kDKK, while net earnings were 156 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.8 %, which can be considered excellent and Return on Equity (ROE) was 30.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Bellinge El ApS's liquidity measured by quick ratio was 1.6 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 profit902.281 172.98984.601 049.701 063.06
EBIT390.68345.33285.70356.82214.60
Net earnings300.18265.17215.66274.75155.97
Shareholders equity total569.80584.97550.62575.37456.35
Balance sheet total (assets)918.801 047.98844.961 035.691 134.62
Net debt- 495.45- 469.28- 229.71- 538.49- 395.83
Profitability
EBIT-%
ROA42.5 %35.1 %30.2 %37.9 %19.8 %
ROE52.7 %45.9 %38.0 %48.8 %30.2 %
ROI68.7 %55.4 %44.7 %56.0 %28.1 %
Economic value added (EVA)302.50268.12219.99263.91168.59
Solvency
Equity ratio58.1 %55.8 %65.2 %55.6 %40.2 %
Gearing10.6 %16.0 %9.1 %17.1 %86.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.12.72.21.6
Current ratio2.52.22.82.21.7
Cash and cash equivalents555.59563.15279.78636.85792.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:19.8%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.2%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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