Bindeballe Holding A/S — Credit Rating and Financial Key Figures

Bindeballe Holding A/S (CVR number: 10831598K) is a company from KOLDING. The company reported a net sales of 447.4 mDKK in 2024, demonstrating a decline of -15.2 % compared to the previous year. The operating profit percentage was at 5.8 % (EBIT: 25.8 mDKK), while net earnings were 19.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 78.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Bindeballe Holding 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.