BEKAERT A/S — Credit Rating and Financial Key Figures

CVR number: 26218217
Strandvejen 44, 2900 Hellerup
tel: 56879619

Credit rating

Company information

Official name
BEKAERT A/S
Established
1969
Company form
Limited company
Industry

About BEKAERT A/S

BEKAERT A/S (CVR number: 26218217) is a company from GENTOFTE. The company recorded a gross profit of 677.5 kDKK in 2020. The operating profit was 387.6 kDKK, while net earnings were 217.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 37.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. BEKAERT A/S's liquidity measured by quick ratio was 0.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales
Gross profit1 792.721 859.01779.14358.53677.52
EBIT238.53923.60280.1210.63387.56
Net earnings171.89706.18202.82-33.22217.38
Shareholders equity total1 900.501 506.671 209.50476.28693.66
Balance sheet total (assets)3 750.604 212.054 828.1313 450.925 230.26
Net debt971.15967.311 798.433 114.562 862.24
Profitability
EBIT-%
ROA6.4 %23.2 %6.2 %0.1 %4.1 %
ROE9.0 %41.5 %14.9 %-3.9 %37.2 %
ROI8.0 %33.8 %10.2 %0.1 %4.6 %
Economic value added (EVA)182.18626.54144.30-49.50755.06
Solvency
Equity ratio50.7 %35.8 %25.1 %3.5 %13.3 %
Gearing57.1 %64.5 %149.7 %2603.8 %470.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.21.00.90.7
Current ratio2.01.61.31.01.2
Cash and cash equivalents113.233.8212.729 286.76399.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:4.15%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.3%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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