Balling Solution ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Balling Solution ApS
Balling Solution ApS (CVR number: 38324683) is a company from ROSKILDE. The company recorded a gross profit of -117.2 kDKK in 2022. The operating profit was -117.2 kDKK, while net earnings were -100.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.4 %, which can be considered poor and Return on Equity (ROE) was -18 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.7 %, 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. Balling Solution ApS's liquidity measured by quick ratio was 1.6 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 348.47 | 4 328.99 | 3 726.70 | - 126.71 | - 117.20 |
EBIT | - 541.03 | 281.41 | 1 351.64 | - 288.36 | - 117.20 |
Net earnings | - 466.53 | 128.00 | 1 117.62 | - 208.51 | - 100.32 |
Shareholders equity total | - 429.26 | - 301.26 | 816.36 | 607.85 | 507.53 |
Balance sheet total (assets) | 781.28 | 1 417.62 | 1 865.04 | 1 458.55 | 1 311.96 |
Net debt | 614.83 | 426.96 | 97.86 | 526.94 | 714.41 |
Profitability | |||||
EBIT-% | |||||
ROA | -60.7 % | 19.4 % | 78.7 % | -14.2 % | -8.4 % |
ROE | -114.0 % | 11.6 % | 100.1 % | -29.3 % | -18.0 % |
ROI | -125.1 % | 50.3 % | 204.6 % | -22.9 % | -9.7 % |
Economic value added (EVA) | - 437.12 | 233.26 | 1 137.33 | - 265.29 | - 122.01 |
Solvency | |||||
Equity ratio | -35.5 % | -17.5 % | 43.8 % | 41.7 % | 38.7 % |
Gearing | -159.7 % | -147.2 % | 14.6 % | 86.8 % | 148.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.6 | 1.8 | 1.7 | 1.6 |
Current ratio | 0.4 | 0.6 | 1.8 | 1.7 | 1.6 |
Cash and cash equivalents | 70.60 | 16.37 | 21.13 | 0.41 | 40.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BB |
Variable visualization
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