VIBORG BALLON A/S — Credit Rating and Financial Key Figures

CVR number: 25961609
Gørtlervej 7, 8800 Viborg
bini@viborg-ballon.dk
tel: 86621926

Credit rating

Company information

Official name
VIBORG BALLON A/S
Established
2001
Company form
Limited company
Industry
  • Expand more icon32Other manufacturing

About VIBORG BALLON A/S

VIBORG BALLON A/S (CVR number: 25961609) is a company from VIBORG. The company recorded a gross profit of 1589.3 kDKK in 2022. The operating profit was 415.4 kDKK, while net earnings were 307.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good and Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 78.4 %, 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. VIBORG BALLON A/S's liquidity measured by quick ratio was 2.5 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
20182019202020212022
Volume
Net sales
Gross profit2 266.451 655.591 489.341 242.941 589.30
EBIT396.3196.6729.7720.43415.44
Net earnings298.4964.9111.174.76307.95
Shareholders equity total3 518.953 083.852 895.032 599.792 907.74
Balance sheet total (assets)4 355.103 652.093 685.643 273.083 707.65
Net debt-1 359.95-1 437.87-1 314.73- 829.05-1 251.16
Profitability
EBIT-%
ROA9.2 %2.4 %0.8 %0.6 %11.9 %
ROE8.6 %2.0 %0.4 %0.2 %11.2 %
ROI11.4 %2.9 %1.0 %0.8 %15.0 %
Economic value added (EVA)196.07-31.23-60.79-58.98234.79
Solvency
Equity ratio80.8 %84.4 %78.5 %79.4 %78.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.93.42.72.42.5
Current ratio4.96.14.54.64.4
Cash and cash equivalents1 359.951 437.871 314.73829.051 251.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBA

Variable visualization

ROA:11.9%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.4%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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