Balch ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Balch ApS
Balch ApS (CVR number: 36450193) is a company from HERNING. The company recorded a gross profit of 17 kDKK in 2023. The operating profit was -11.6 kDKK, while net earnings were -10.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.3 %, which can be considered poor and Return on Equity (ROE) was -24.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -25.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Balch ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 27.00 | 160.73 | 53.88 | 30.08 | 17.02 |
EBIT | 10.83 | 129.14 | 24.38 | -45.37 | -11.62 |
Net earnings | 1.46 | 96.36 | 16.75 | -44.00 | -10.29 |
Shareholders equity total | -73.86 | 22.50 | 39.26 | -4.74 | -15.03 |
Balance sheet total (assets) | 248.06 | 211.56 | 87.30 | 39.47 | 44.49 |
Net debt | 121.54 | -62.77 | -15.91 | 12.21 | 39.18 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.3 % | 48.7 % | 17.1 % | -66.9 % | -16.3 % |
ROE | 0.8 % | 71.2 % | 54.3 % | -111.8 % | -24.5 % |
ROI | 9.6 % | 125.9 % | 53.7 % | -170.9 % | -33.0 % |
Economic value added (EVA) | 15.05 | 105.89 | 22.44 | -46.55 | -11.38 |
Solvency | |||||
Equity ratio | -22.9 % | 10.6 % | 45.0 % | -10.7 % | -25.3 % |
Gearing | -203.8 % | 147.9 % | -257.6 % | -260.6 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 1.0 | 1.8 | 0.9 | 0.7 |
Current ratio | 0.7 | 1.0 | 1.8 | 0.9 | 0.7 |
Cash and cash equivalents | 28.95 | 96.05 | 15.91 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BB |
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