BELMAN A/S — Credit Rating and Financial Key Figures

CVR number: 17694235
Oddesundvej 18, 6715 Esbjerg N
tel: 75155999

Company information

Official name
BELMAN A/S
Personnel
93 persons
Established
1994
Company form
Limited company
Industry

About BELMAN A/S

BELMAN A/S (CVR number: 17694235) is a company from ESBJERG. The company recorded a gross profit of 91.6 mDKK in 2023. The operating profit was 32.4 mDKK, while net earnings were 28 mDKK. The profitability of the company measured by Return on Assets (ROA) was 45.8 %, which can be considered excellent and Return on Equity (ROE) was 56.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.4 %, 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. BELMAN A/S's liquidity measured by quick ratio was 2.4 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 profit67 250.3576 452.1863 644.8767 812.4691 588.97
EBIT14 083.1623 445.9011 103.3315 475.0332 424.30
Net earnings10 864.0317 429.588 158.188 737.5327 999.07
Shareholders equity total34 063.5341 097.7434 484.7738 174.2160 243.64
Balance sheet total (assets)60 192.0966 475.8963 073.6166 370.0189 511.65
Net debt-5 670.53-20 091.92-6 386.01-9 085.24-32 863.09
Profitability
EBIT-%
ROA25.1 %36.1 %16.6 %19.2 %45.8 %
ROE37.3 %46.4 %21.6 %24.1 %56.9 %
ROI39.9 %56.5 %24.2 %27.7 %64.4 %
Economic value added (EVA)9 469.2717 131.567 948.9211 271.6324 094.54
Solvency
Equity ratio60.2 %62.3 %54.9 %58.1 %67.4 %
Gearing1.0 %6.9 %22.1 %6.6 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.31.62.02.4
Current ratio2.13.02.23.03.2
Cash and cash equivalents6 020.8022 919.2313 991.7911 613.2433 112.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:45.8%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.4%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member
Chairman of the board

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