Bestway Trading ApS — Credit Rating and Financial Key Figures

CVR number: 38366521
Industrigrenen 21, 2635 Ishøj

Credit rating

Company information

Official name
Bestway Trading ApS
Personnel
2 persons
Established
2017
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About Bestway Trading ApS

Bestway Trading ApS (CVR number: 38366521) is a company from ISHØJ. The company recorded a gross profit of 604.7 kDKK in 2023. The operating profit was 82.8 kDKK, while net earnings were 30 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 44.8 %, 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. Bestway Trading 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
20192020202120222023
Volume
Net sales
Gross profit910.81478.711 705.561 793.99604.68
EBIT320.60- 488.80567.01915.2582.77
Net earnings244.77- 509.45444.09654.7530.00
Shareholders equity total769.08259.63924.961 579.711 610.84
Balance sheet total (assets)2 376.722 775.354 299.363 241.083 598.89
Net debt300.97-23.59463.49- 143.60- 389.75
Profitability
EBIT-%
ROA14.9 %-19.0 %16.1 %24.3 %2.4 %
ROE37.8 %-99.0 %75.0 %52.3 %1.9 %
ROI32.4 %-63.2 %57.0 %52.4 %4.6 %
Economic value added (EVA)250.13- 535.90469.51672.831.72
Solvency
Equity ratio32.4 %9.4 %21.5 %48.7 %44.8 %
Gearing50.6 %44.5 %74.2 %19.1 %7.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.81.61.6
Current ratio1.30.91.11.71.7
Cash and cash equivalents87.91139.01222.85444.54512.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBABBB

Variable visualization

ROA:2.42%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.8%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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