BALLEGAARD EJENDOMME A/S — Credit Rating and Financial Key Figures

CVR number: 10042623
Nørregade 14 A, 7100 Vejle
tel: 75871794

Credit rating

Company information

Official name
BALLEGAARD EJENDOMME A/S
Established
2000
Company form
Limited company
Industry

About BALLEGAARD EJENDOMME A/S

BALLEGAARD EJENDOMME A/S (CVR number: 10042623) is a company from VEJLE. The company recorded a gross profit of 5398.9 kDKK in 2023. The operating profit was 7123.9 kDKK, while net earnings were 12.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good but Return on Equity (ROE) was 31.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.7 %, 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. BALLEGAARD EJENDOMME A/S's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 057.016 391.884 135.664 238.625 398.93
EBIT- 417.992 161.5112 148.439 313.627 123.93
Net earnings10 084.743 290.6510 238.9410 971.3712 225.27
Shareholders equity total8 469.998 417.9022 520.8533 245.7945 145.88
Balance sheet total (assets)130 206.42128 874.39134 962.13144 768.79157 209.59
Net debt102 377.6582 484.1874 548.5672 204.1969 256.69
Profitability
EBIT-%
ROA9.1 %4.2 %12.1 %11.0 %11.4 %
ROE159.0 %39.0 %66.2 %39.3 %31.2 %
ROI9.5 %4.9 %15.3 %13.7 %14.1 %
Economic value added (EVA)-4 656.06-1 891.006 607.534 831.003 304.40
Solvency
Equity ratio14.4 %14.7 %25.1 %31.2 %36.7 %
Gearing1208.7 %982.2 %333.0 %218.1 %155.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.30.00.00.0
Current ratio0.60.50.30.20.2
Cash and cash equivalents1.00200.50454.05316.651 088.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:11.4%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.7%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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