Balder RICHMOND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Balder RICHMOND A/S
Balder RICHMOND A/S (CVR number: 34051747) is a company from KØBENHAVN. The company recorded a gross profit of 12.5 mDKK in 2023. The operating profit was -34.5 mDKK, while net earnings were -28.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -9.1 %, which can be considered poor and Return on Equity (ROE) was -15.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.2 %, 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. Balder RICHMOND A/S's liquidity measured by quick ratio was 16 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 | 10 482.78 | 9 609.89 | 11 851.92 | 11 740.56 | 12 468.26 |
EBIT | 6 411.96 | 8 544.54 | 18 851.93 | 36 740.56 | -34 531.74 |
Net earnings | 4 641.31 | 6 296.51 | 14 371.15 | 28 289.13 | -28 492.57 |
Shareholders equity total | 146 210.87 | 152 507.39 | 166 878.53 | 195 167.67 | 166 675.09 |
Balance sheet total (assets) | 318 762.50 | 322 346.27 | 335 739.01 | 366 903.79 | 325 643.28 |
Net debt | 115 095.91 | 111 860.68 | 108 545.08 | 101 147.39 | 101 733.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.0 % | 2.9 % | 6.0 % | 10.8 % | -9.1 % |
ROE | 5.4 % | 4.2 % | 9.0 % | 15.6 % | -15.7 % |
ROI | 3.1 % | 3.0 % | 6.0 % | 10.9 % | -9.1 % |
Economic value added (EVA) | -2 022.77 | -6 315.83 | 1 572.51 | 14 970.77 | -41 703.10 |
Solvency | |||||
Equity ratio | 45.9 % | 47.3 % | 49.7 % | 53.2 % | 51.2 % |
Gearing | 78.7 % | 73.5 % | 65.3 % | 54.4 % | 62.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 10.1 | 10.8 | 11.6 | 13.8 | 16.0 |
Current ratio | 10.1 | 10.8 | 11.6 | 13.8 | 16.0 |
Cash and cash equivalents | 221.92 | 502.59 | 4 937.10 | 2 028.14 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | A |
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