OLE IBSEN. BALLING A/S — Credit Rating and Financial Key Figures

CVR number: 11956270
Nørregade 73, Balling 7860 Spøttrup
info@oleibsen.dk
tel: 97564790

Credit rating

Company information

Official name
OLE IBSEN. BALLING A/S
Personnel
57 persons
Established
1987
Domicile
Balling
Company form
Limited company
Industry
  • Expand more icon43Specialised construction activities

About OLE IBSEN. BALLING A/S

OLE IBSEN. BALLING A/S (CVR number: 11956270) is a company from SKIVE. The company recorded a gross profit of 45.8 mDKK in 2024. The operating profit was 6988.9 kDKK, while net earnings were 6909.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good but Return on Equity (ROE) was 22.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.1 %, 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. OLE IBSEN. BALLING A/S's liquidity measured by quick ratio was 2.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit33 749.8945 838.09
EBIT2 488.003 266.00-6 345.005 100.496 988.88
Net earnings5 156.001 834.001 570.008 122.926 909.66
Shareholders equity total25 118.0021 953.0023 523.0031 645.6730 555.33
Balance sheet total (assets)52 198.0074 345.0077 961.0075 716.5764 231.27
Net debt-5 951.82-15 782.70
Profitability
EBIT-%
ROA5.1 %5.2 %13.0 %12.7 %
ROE22.9 %7.8 %29.4 %22.2 %
ROI6.5 %5.2 %17.8 %25.6 %
Economic value added (EVA)2 251.742 003.82-7 448.142 693.483 987.69
Solvency
Equity ratio100.0 %100.0 %50.3 %54.1 %
Gearing0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.6
Current ratio1.61.9
Cash and cash equivalents750.005 994.9615 825.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBA

Variable visualization

ROA:12.7%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.1%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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