BALCHIK BEACH AND GOLF A/S — Credit Rating and Financial Key Figures

CVR number: 27964036
Kongevejen 365, 2840 Holte
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Credit rating

Company information

Official name
BALCHIK BEACH AND GOLF A/S
Established
2005
Company form
Limited company
Industry

About BALCHIK BEACH AND GOLF A/S

BALCHIK BEACH AND GOLF A/S (CVR number: 27964036) is a company from RUDERSDAL. The company recorded a gross profit of -16.1 kDKK in 2024. The operating profit was -16.1 kDKK, while net earnings were -70.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -1.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BALCHIK BEACH AND GOLF A/S's liquidity measured by quick ratio was 44.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-17.83-26.14-16.89-18.16-16.13
EBIT-17.83-26.14-16.89-18.16-16.13
Net earnings-49.17- 142.61-92.99-40.14-70.57
Shareholders equity total6 395.836 253.226 160.226 120.096 049.52
Balance sheet total (assets)6 412.706 270.096 177.106 140.126 066.39
Net debt- 411.47- 324.68- 233.99- 165.26- 146.37
Profitability
EBIT-%
ROA-0.7 %-2.2 %-1.5 %-0.7 %-1.2 %
ROE-0.8 %-2.3 %-1.5 %-0.7 %-1.2 %
ROI-0.7 %-2.2 %-1.5 %-0.7 %-1.2 %
Economic value added (EVA)- 341.69- 347.53- 331.11- 327.71- 323.66
Solvency
Equity ratio99.7 %99.7 %99.7 %99.7 %99.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio49.447.546.338.344.3
Current ratio49.447.546.338.344.3
Cash and cash equivalents411.47324.68233.99165.26146.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-1.16%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member
Board member

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