BALTZER - GEDE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BALTZER - GEDE ApS
BALTZER - GEDE ApS (CVR number: 28712340) is a company from HØRSHOLM. The company recorded a gross profit of 833.8 kDKK in 2023. The operating profit was 819.8 kDKK, while net earnings were -44.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent but Return on Equity (ROE) was -2.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.8 %, 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. BALTZER - GEDE ApS's liquidity measured by quick ratio was 2.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 137.58 | 423.02 | |||
Gross profit | 62.97 | 96.10 | 428.37 | 366.48 | 833.82 |
EBIT | 50.58 | 82.07 | 414.37 | 352.49 | 819.83 |
Net earnings | 1 071.38 | 21.84 | 433.14 | 55.63 | -44.73 |
Shareholders equity total | 1 902.58 | 1 813.82 | 2 133.96 | 2 075.19 | 1 912.67 |
Balance sheet total (assets) | 3 497.41 | 3 295.52 | 3 702.44 | 4 020.70 | 3 492.20 |
Net debt | 1 515.99 | 1 138.13 | 1 256.69 | 1 714.84 | 672.60 |
Profitability | |||||
EBIT-% | 59.7 % | 98.0 % | |||
ROA | 38.2 % | 2.4 % | 11.9 % | 21.8 % | 5.0 % |
ROE | 78.4 % | 1.2 % | 21.9 % | 2.6 % | -2.2 % |
ROI | 39.0 % | 2.5 % | 12.4 % | 5.4 % | 5.4 % |
Economic value added (EVA) | -45.03 | 42.71 | 398.58 | 235.58 | 638.81 |
Solvency | |||||
Equity ratio | 54.4 % | 55.0 % | 57.6 % | 51.6 % | 54.8 % |
Gearing | 79.7 % | 77.1 % | 64.8 % | 83.3 % | 62.3 % |
Relative net indebtedness % | 887.3 % | 340.9 % | |||
Liquidity | |||||
Quick ratio | 0.1 | 1.7 | 0.9 | 0.6 | 2.6 |
Current ratio | 0.1 | 1.7 | 0.9 | 0.6 | 2.6 |
Cash and cash equivalents | 0.00 | 260.89 | 126.24 | 12.82 | 519.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 95.9 % | -6.9 % | |||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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