Credit rating
Company information
About BALANCE4U ApS
BALANCE4U ApS (CVR number: 30246497) is a company from EGEDAL. The company recorded a gross profit of 208 kDKK in 2023. The operating profit was -488.8 kDKK, while net earnings were -474.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -92.5 %, which can be considered poor and Return on Equity (ROE) was -117.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.1 %, 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. BALANCE4U ApS's liquidity measured by quick ratio was 1.9 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 | |||||
Gross profit | 317.34 | 421.32 | 303.35 | 487.45 | 208.05 |
EBIT | 151.19 | 246.01 | -65.71 | 2.76 | - 488.79 |
Net earnings | 153.65 | 338.86 | 164.86 | 86.72 | - 474.45 |
Shareholders equity total | 125.32 | 464.18 | 629.04 | 699.77 | 107.52 |
Balance sheet total (assets) | 362.96 | 634.52 | 751.70 | 791.65 | 233.27 |
Net debt | 181.24 | - 289.17 | - 290.03 | - 247.05 | - 126.86 |
Profitability | |||||
EBIT-% | |||||
ROA | 47.4 % | 72.6 % | 24.0 % | 11.6 % | -92.5 % |
ROE | 72.2 % | 115.0 % | 30.2 % | 13.1 % | -117.5 % |
ROI | 53.1 % | 90.4 % | 30.4 % | 13.4 % | -117.5 % |
Economic value added (EVA) | 174.79 | 244.79 | -48.20 | 19.28 | - 472.66 |
Solvency | |||||
Equity ratio | 34.5 % | 73.2 % | 83.7 % | 88.4 % | 46.1 % |
Gearing | 169.3 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 2.1 | 3.7 | 4.4 | 1.9 |
Current ratio | 0.5 | 2.1 | 3.7 | 4.4 | 1.9 |
Cash and cash equivalents | 30.95 | 289.17 | 290.03 | 247.05 | 126.86 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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