AKTIESELSKABET BALANCE.AS — Credit Rating and Financial Key Figures

CVR number: 20123206
Kokholm 1 C, 6000 Kolding
vsg@balance.as
tel: 74783400
www.balance.as

Company information

Official name
AKTIESELSKABET BALANCE.AS
Personnel
9 persons
Established
1997
Company form
Limited company
Industry

About AKTIESELSKABET BALANCE.AS

AKTIESELSKABET BALANCE.AS (CVR number: 20123206) is a company from KOLDING. The company reported a net sales of 11.5 mDKK in 2023, demonstrating a decline of -1.3 % compared to the previous year. The operating profit percentage was at 10.4 % (EBIT: 1.2 mDKK), while net earnings were 919.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.7 %, which can be considered excellent and Return on Equity (ROE) was 31.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.9 %, 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. AKTIESELSKABET BALANCE.AS's liquidity measured by quick ratio was 2.2 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales14 085.0012 145.0012 697.0011 674.3611 525.30
Gross profit14 085.0012 145.0012 697.005 417.545 941.18
EBIT14 085.0012 145.0012 697.001 147.141 194.50
Net earnings375.00390.00425.00872.75919.81
Shareholders equity total2 375.002 390.002 425.002 872.432 919.48
Balance sheet total (assets)4 442.005 384.003 965.004 110.995 179.96
Net debt-2 428.78-2 416.31
Profitability
EBIT-%100.0 %100.0 %100.0 %9.8 %10.4 %
ROA306.4 %247.2 %271.6 %28.4 %25.7 %
ROE16.4 %16.4 %17.7 %33.0 %31.8 %
ROI420.8 %247.2 %271.6 %33.5 %41.1 %
Economic value added (EVA)14 015.7912 025.6612 576.90772.80906.41
Solvency
Equity ratio100.0 %100.0 %100.0 %69.9 %61.9 %
Gearing0.1 %0.2 %
Relative net indebtedness %-10.3 %-1.4 %
Liquidity
Quick ratio2.92.2
Current ratio2.91.8
Cash and cash equivalents2 430.582 422.85
Capital use efficiency
Trade debtors turnover (days)35.350.7
Net working capital %20.0 %15.5 %
Credit risk
Credit ratingBBBBBBBBBA

Variable visualization

ROA:25.7%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.9%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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