AKTIESELSKABET BALANCE.AS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 14 085.00 | 12 145.00 | 12 697.00 | 11 674.36 | 11 525.30 |
Gross profit | 14 085.00 | 12 145.00 | 12 697.00 | 5 417.54 | 5 941.18 |
EBIT | 14 085.00 | 12 145.00 | 12 697.00 | 1 147.14 | 1 194.50 |
Net earnings | 375.00 | 390.00 | 425.00 | 872.75 | 919.81 |
Shareholders equity total | 2 375.00 | 2 390.00 | 2 425.00 | 2 872.43 | 2 919.48 |
Balance sheet total (assets) | 4 442.00 | 5 384.00 | 3 965.00 | 4 110.99 | 5 179.96 |
Net debt | -2 428.78 | -2 416.31 | |||
Profitability | |||||
EBIT-% | 100.0 % | 100.0 % | 100.0 % | 9.8 % | 10.4 % |
ROA | 306.4 % | 247.2 % | 271.6 % | 28.4 % | 25.7 % |
ROE | 16.4 % | 16.4 % | 17.7 % | 33.0 % | 31.8 % |
ROI | 420.8 % | 247.2 % | 271.6 % | 33.5 % | 41.1 % |
Economic value added (EVA) | 14 015.79 | 12 025.66 | 12 576.90 | 772.80 | 906.41 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 69.9 % | 61.9 % |
Gearing | 0.1 % | 0.2 % | |||
Relative net indebtedness % | -10.3 % | -1.4 % | |||
Liquidity | |||||
Quick ratio | 2.9 | 2.2 | |||
Current ratio | 2.9 | 1.8 | |||
Cash and cash equivalents | 2 430.58 | 2 422.85 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 35.3 | 50.7 | |||
Net working capital % | 20.0 % | 15.5 % | |||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | A |
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