NEDERMØLLEN BALLING A/S

CVR number: 20670886
Posthusvej 35, Balling 7860 Spøttrup
tel: 97564418

Credit rating

Company information

Official name
NEDERMØLLEN BALLING A/S
Established
1998
Domicile
Balling
Company form
Limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About NEDERMØLLEN BALLING A/S

NEDERMØLLEN BALLING A/S (CVR number: 20670886) is a company from SKIVE. The company recorded a gross profit of 672.4 kDKK in 2023. The operating profit was 530.7 kDKK, while net earnings were 73.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 17.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. NEDERMØLLEN BALLING A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit525.20403.96499.02543.34672.42
EBIT275.87138.72289.03373.00530.68
Net earnings106.67-3.20106.64176.9473.22
Shareholders equity total1 628.211 705.711 893.062 163.592 334.18
Balance sheet total (assets)14 749.8014 589.9814 955.3614 290.5413 512.03
Net debt12 802.1312 416.3412 115.0411 687.4711 098.13
Profitability
EBIT-%
ROA1.9 %1.0 %2.0 %2.6 %3.8 %
ROE7.0 %-0.2 %5.9 %8.7 %3.3 %
ROI1.9 %1.0 %2.0 %2.6 %3.8 %
Economic value added (EVA)- 494.86- 568.03- 468.85- 386.49- 304.94
Solvency
Equity ratio11.0 %11.7 %12.7 %15.1 %17.3 %
Gearing802.0 %745.3 %653.9 %556.8 %478.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.62.10.91.20.3
Current ratio2.62.10.91.20.3
Cash and cash equivalents255.96296.80263.11359.8459.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.82%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.3%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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