ELGAARD BALLE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 142.71 | 227.06 | 103.80 | 247.48 | 1 551.49 |
EBIT | 34.95 | 182.74 | - 266.72 | 194.15 | 893.67 |
Net earnings | 149.58 | 460.29 | - 550.54 | 315.49 | - 505.65 |
Shareholders equity total | 1 313.81 | 1 774.10 | 1 223.57 | 1 539.06 | 1 033.41 |
Balance sheet total (assets) | 1 817.03 | 2 094.94 | 2 383.89 | 2 541.81 | 2 460.34 |
Net debt | - 120.97 | - 192.94 | 850.66 | 585.47 | 618.56 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.2 % | 26.8 % | -21.5 % | 17.1 % | 81.4 % |
ROE | 12.1 % | 29.8 % | -36.7 % | 22.8 % | -39.3 % |
ROI | 10.9 % | 28.4 % | -22.2 % | 17.4 % | -10.6 % |
Economic value added (EVA) | -53.38 | 56.68 | - 374.09 | 31.37 | 509.58 |
Solvency | |||||
Equity ratio | 72.3 % | 84.7 % | 51.3 % | 60.5 % | 42.0 % |
Gearing | 27.8 % | 11.3 % | 90.1 % | 61.3 % | 86.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 2.2 | 1.6 | 2.0 | 1.3 |
Current ratio | 2.0 | 2.2 | 1.6 | 2.1 | 1.4 |
Cash and cash equivalents | 486.85 | 393.51 | 251.56 | 357.67 | 279.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BB | BBB | BBB |
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