BELFOR Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 19440834
Knapholm 6, 2730 Herlev

Company information

Official name
BELFOR Denmark A/S
Personnel
506 persons
Established
1996
Company form
Limited company
Industry

About BELFOR Denmark A/S

BELFOR Denmark A/S (CVR number: 19440834) is a company from HERLEV. The company reported a net sales of 558.5 mDKK in 2024, demonstrating a decline of -3.8 % compared to the previous year. The operating profit percentage was poor at -30.8 % (EBIT: -172.2 mDKK), while net earnings were -265.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -21.2 %, which can be considered poor and Return on Equity (ROE) was -42.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.7 %, 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. BELFOR Denmark A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales79.9591.33339.78580.59558.54
Gross profit57.5969.81206.85344.37343.27
EBIT-3.741.08-35.57-55.47- 172.24
Net earnings-3.45-2.98-45.05- 131.49- 265.38
Shareholders equity total16.4813.50-31.56751.63486.25
Balance sheet total (assets)56.89110.321 274.481 257.02998.75
Net debt6.0437.85141.94278.49333.56
Profitability
EBIT-%-4.7 %1.2 %-10.5 %-9.6 %-30.8 %
ROA0.4 %8.1 %-4.8 %-3.2 %-21.2 %
ROE-5.8 %-19.9 %-38.1 %-27.0 %-42.9 %
ROI1.2 %-38.6 %-5.7 %-3.6 %-23.8 %
Economic value added (EVA)-9.46-2.04-44.83-61.74- 219.23
Solvency
Equity ratio10.4 %8.2 %-12.4 %59.8 %48.7 %
Gearing158.9 %281.0 %-450.0 %39.6 %70.1 %
Relative net indebtedness %136.7 %151.7 %72.8 %80.4 %89.0 %
Liquidity
Quick ratio1.91.71.30.51.1
Current ratio1.91.81.30.51.2
Cash and cash equivalents20.150.080.0519.287.16
Capital use efficiency
Trade debtors turnover (days)204.9107.826.124.69.8
Net working capital %151.9 %122.7 %21.9 %-32.9 %4.4 %
Credit risk
Credit ratingBBBBBAA

Variable visualization

ROA:-21.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.7%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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