BELAR TRADING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BELAR TRADING ApS
BELAR TRADING ApS (CVR number: 32939929) is a company from KOLDING. The company reported a net sales of 0.1 mDKK in 2017, demonstrating a decline of -30.1 % compared to the previous year. The operating profit percentage was poor at -0.9 % (EBIT: -0 mDKK), while net earnings were -12 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.2 %, 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. BELAR TRADING ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | |
---|---|---|
Volume | ||
Net sales | 173.87 | 121.59 |
Gross profit | 5.24 | -1.06 |
EBIT | 5.24 | -1.06 |
Net earnings | -7.10 | -12.02 |
Shareholders equity total | 207.18 | 195.16 |
Balance sheet total (assets) | 470.50 | 441.38 |
Net debt | 237.14 | 225.66 |
Profitability | ||
EBIT-% | 3.0 % | -0.9 % |
ROA | 1.1 % | -0.2 % |
ROE | -3.4 % | -6.0 % |
ROI | 1.2 % | -0.2 % |
Economic value added (EVA) | 5.58 | -11.48 |
Solvency | ||
Equity ratio | 44.0 % | 44.2 % |
Gearing | 114.5 % | 115.6 % |
Relative net indebtedness % | 151.4 % | 202.5 % |
Liquidity | ||
Quick ratio | 0.4 | 0.6 |
Current ratio | 1.8 | 1.8 |
Cash and cash equivalents | ||
Capital use efficiency | ||
Trade debtors turnover (days) | 198.3 | 407.3 |
Net working capital % | 119.2 % | 160.5 % |
Credit risk | ||
Credit rating | BB | BB |
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