NG HOLDING BALLING A/S — Credit Rating and Financial Key Figures

CVR number: 32946976
Ørnevej 12, 7860 Spøttrup

Company information

Official name
NG HOLDING BALLING A/S
Established
2010
Company form
Limited company
Industry

About NG HOLDING BALLING A/S

NG HOLDING BALLING A/S (CVR number: 32946976) is a company from SKIVE. The company recorded a gross profit of -16.2 kDKK in 2024. The operating profit was -16.2 kDKK, while net earnings were 22.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 29.8 %, which can be considered excellent and Return on Equity (ROE) was 32.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NG HOLDING BALLING A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-11.00-13.16-10.05-11.68-16.23
EBIT-11.00-13.16-10.05-11.68-16.23
Net earnings7 683.6620 763.5224 259.4730 548.2822 508.09
Shareholders equity total42 975.5858 395.6363 732.6872 242.3366 413.36
Balance sheet total (assets)47 444.2762 897.6771 894.6480 538.3771 465.99
Net debt4 455.264 183.908 142.328 253.125 018.03
Profitability
EBIT-%
ROA15.0 %37.7 %36.0 %40.3 %29.8 %
ROE16.4 %41.0 %39.7 %44.9 %32.5 %
ROI15.0 %37.7 %36.0 %40.3 %29.8 %
Economic value added (EVA)1 379.271 047.311 274.301 475.691 737.11
Solvency
Equity ratio90.6 %92.8 %88.6 %89.7 %92.9 %
Gearing10.4 %7.7 %12.8 %11.5 %7.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.20.00.00.1
Current ratio0.00.20.00.00.1
Cash and cash equivalents5.43308.149.6432.9224.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:29.8%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.9%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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