ELGAARD BALLE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29686068
Århusvej 22, 8382 Hinnerup
mballe@mail.dk
tel: 86297975
Free credit report Annual report

Credit rating

Company information

Official name
ELGAARD BALLE HOLDING ApS
Personnel
1 person
Established
2006
Company form
Private limited company
Industry

About ELGAARD BALLE HOLDING ApS

ELGAARD BALLE HOLDING ApS (CVR number: 29686068) is a company from FAVRSKOV. The company recorded a gross profit of 1551.5 kDKK in 2024. The operating profit was 893.7 kDKK, while net earnings were -505.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 81.4 %, which can be considered excellent but Return on Equity (ROE) was -39.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42 %, 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. ELGAARD BALLE HOLDING ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit142.71227.06103.80247.481 551.49
EBIT34.95182.74- 266.72194.15893.67
Net earnings149.58460.29- 550.54315.49- 505.65
Shareholders equity total1 313.811 774.101 223.571 539.061 033.41
Balance sheet total (assets)1 817.032 094.942 383.892 541.812 460.34
Net debt- 120.97- 192.94850.66585.47618.56
Profitability
EBIT-%
ROA10.2 %26.8 %-21.5 %17.1 %81.4 %
ROE12.1 %29.8 %-36.7 %22.8 %-39.3 %
ROI10.9 %28.4 %-22.2 %17.4 %-10.6 %
Economic value added (EVA)-53.3856.68- 374.0931.37509.58
Solvency
Equity ratio72.3 %84.7 %51.3 %60.5 %42.0 %
Gearing27.8 %11.3 %90.1 %61.3 %86.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.21.62.01.3
Current ratio2.02.21.62.11.4
Cash and cash equivalents486.85393.51251.56357.67279.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBB

Variable visualization

ROA:81.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.0%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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