BALLE INVEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BALLE INVEST A/S
BALLE INVEST A/S (CVR number: 12636849) is a company from SKIVE. The company recorded a gross profit of 111.9 kDKK in 2024. The operating profit was 45.5 kDKK, while net earnings were -215.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was -1.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BALLE INVEST A/S's liquidity measured by quick ratio was 297 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 165.70 | 656.84 | 923.17 | - 109.70 | 111.90 |
| EBIT | - 177.30 | 656.84 | 923.17 | - 155.76 | 45.53 |
| Net earnings | 974.95 | - 142.81 | 1 408.37 | 1 213.63 | - 215.85 |
| Shareholders equity total | 9 589.02 | 9 246.21 | 10 654.58 | 11 668.20 | 11 252.35 |
| Balance sheet total (assets) | 9 797.14 | 9 315.96 | 11 111.49 | 12 689.68 | 11 322.77 |
| Net debt | -8 983.67 | -8 481.78 | -10 320.10 | -11 856.31 | -10 619.40 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 13.5 % | 13.6 % | 18.3 % | 13.4 % | 4.8 % |
| ROE | 10.6 % | -1.5 % | 14.2 % | 10.9 % | -1.9 % |
| ROI | 13.7 % | 13.8 % | 18.7 % | 14.2 % | 5.0 % |
| Economic value added (EVA) | - 582.09 | 27.23 | 253.07 | - 661.09 | - 555.15 |
| Solvency | |||||
| Equity ratio | 97.9 % | 99.3 % | 95.9 % | 92.0 % | 99.4 % |
| Gearing | 0.2 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 58.8 | 150.6 | 28.3 | 13.0 | 297.0 |
| Current ratio | 59.0 | 150.6 | 28.3 | 13.0 | 297.0 |
| Cash and cash equivalents | 9 006.55 | 8 481.78 | 10 320.10 | 11 856.31 | 10 619.40 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | A | A | BBB |
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