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FRED B. BALSLØW A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRED B. BALSLØW A/S
FRED B. BALSLØW A/S (CVR number: 55272913) is a company from MARIAGERFJORD. The company recorded a gross profit of 2537.7 kDKK in 2024. The operating profit was -424.5 kDKK, while net earnings were -359.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.5 %, which can be considered poor and Return on Equity (ROE) was -13.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FRED B. BALSLØW A/S'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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 3 543.24 | 3 504.60 | 3 331.66 | 2 848.16 | 2 537.69 |
| EBIT | 856.60 | 633.23 | 551.80 | 84.85 | - 424.49 |
| Net earnings | 635.61 | 469.00 | 303.27 | 25.38 | - 359.52 |
| Shareholders equity total | 2 513.41 | 2 982.41 | 3 285.68 | 3 311.06 | 1 951.55 |
| Balance sheet total (assets) | 5 705.21 | 5 712.18 | 5 792.85 | 4 934.59 | 4 927.70 |
| Net debt | 667.05 | - 162.27 | -56.00 | - 323.33 | 966.76 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 15.9 % | 12.3 % | 9.9 % | 3.4 % | -7.5 % |
| ROE | 28.9 % | 17.1 % | 9.7 % | 0.8 % | -13.7 % |
| ROI | 22.4 % | 17.5 % | 14.3 % | 4.7 % | -10.3 % |
| Economic value added (EVA) | 469.35 | 321.57 | 253.02 | - 143.23 | - 514.21 |
| Solvency | |||||
| Equity ratio | 44.1 % | 52.2 % | 56.7 % | 67.1 % | 39.6 % |
| Gearing | 34.6 % | 17.0 % | 25.4 % | 8.6 % | 85.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.9 | 1.0 | 1.0 | 1.4 | 0.7 |
| Current ratio | 2.3 | 2.5 | 2.7 | 3.8 | 1.8 |
| Cash and cash equivalents | 202.21 | 669.18 | 891.41 | 608.45 | 706.06 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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