Ballard Power Systems Europe A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ballard Power Systems Europe A/S
Ballard Power Systems Europe A/S (CVR number: 30804996) is a company from MARIAGERFJORD. The company recorded a gross profit of -35221 kDKK in 2024. The operating profit was -216.7 mDKK, while net earnings were -213.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -87.4 %, which can be considered poor and Return on Equity (ROE) was -150.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.3 %, 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. Ballard Power Systems Europe A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1 907.00 | 6 277.00 | -28 595.00 | -35 200.00 | -35 221.00 |
EBIT | -46 934.00 | -61 388.00 | - 127 722.00 | - 173 595.00 | - 216 748.00 |
Net earnings | -49 649.00 | -61 901.00 | - 123 984.00 | - 167 736.00 | - 213 093.00 |
Shareholders equity total | 164 336.00 | -41 605.00 | - 103 914.00 | 169 505.00 | 113 984.00 |
Balance sheet total (assets) | 43 985.00 | 114 298.00 | 204 569.00 | 266 433.00 | 227 884.00 |
Net debt | -5 060.00 | -5 039.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | -45.7 % | -61.4 % | -55.0 % | -60.2 % | -87.4 % |
ROE | -47.0 % | -100.9 % | 170.4 % | -511.5 % | -150.3 % |
ROI | -49.7 % | -61.4 % | -55.0 % | -67.3 % | -110.4 % |
Economic value added (EVA) | -41 070.83 | -69 645.88 | - 125 631.35 | - 162 864.15 | - 218 067.57 |
Solvency | |||||
Equity ratio | 100.0 % | 63.9 % | 50.3 % | ||
Gearing | 17.5 % | 21.1 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.9 | |||
Current ratio | 1.9 | 3.3 | |||
Cash and cash equivalents | 34 683.00 | 29 065.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
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