Be-Low A/S — Credit Rating and Financial Key Figures

CVR number: 38266322
Brøndborerens Alle 13, 9230 Svenstrup J

Credit rating

Company information

Official name
Be-Low A/S
Personnel
11 persons
Established
2016
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Be-Low A/S

Be-Low A/S (CVR number: 38266322) is a company from AALBORG. The company recorded a gross profit of 7154.9 kDKK in 2023. The operating profit was 2435.3 kDKK, while net earnings were 1670.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent and Return on Equity (ROE) was 41 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Be-Low A/S's liquidity measured by quick ratio was 0.3 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 sales
Gross profit2 475.402 632.663 567.843 565.947 154.91
EBIT132.24210.36175.18751.282 435.26
Net earnings126.90139.72107.38499.791 670.70
Shareholders equity total2 494.232 633.952 741.323 241.114 911.81
Balance sheet total (assets)9 035.609 199.909 560.6415 936.9016 290.94
Net debt4 694.983 843.864 271.918 074.745 935.49
Profitability
EBIT-%
ROA2.3 %2.5 %2.4 %6.2 %15.3 %
ROE5.2 %5.4 %4.0 %16.7 %41.0 %
ROI2.8 %3.0 %3.0 %8.1 %19.5 %
Economic value added (EVA)42.94166.95132.87543.891 805.23
Solvency
Equity ratio27.6 %28.6 %28.7 %20.3 %30.2 %
Gearing188.2 %145.9 %155.8 %249.1 %120.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.30.60.3
Current ratio1.11.11.11.11.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:15.3%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.2%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

Companies in the same industry

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