BALLING BRANDS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BALLING BRANDS ApS
BALLING BRANDS ApS (CVR number: 33957793) is a company from GENTOFTE. The company recorded a gross profit of 2727.5 kDKK in 2024. The operating profit was -111.2 kDKK, while net earnings were -125.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.4 %, which can be considered poor and Return on Equity (ROE) was -6.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.3 %, 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. BALLING BRANDS ApS's liquidity measured by quick ratio was 1.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 2 694.52 | 3 124.90 | 3 429.97 | 2 094.94 | 2 727.46 |
| EBIT | 499.58 | 1 077.47 | 1 045.39 | - 246.38 | - 111.21 |
| Net earnings | 473.52 | 781.82 | 746.01 | - 218.99 | - 125.52 |
| Shareholders equity total | 1 063.20 | 1 719.02 | 2 365.03 | 2 046.04 | 1 920.52 |
| Balance sheet total (assets) | 2 030.75 | 2 615.62 | 3 273.20 | 2 948.07 | 3 237.89 |
| Net debt | - 743.39 | -1 291.77 | - 765.91 | 196.29 | 129.26 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 30.4 % | 45.9 % | 35.5 % | -7.7 % | -3.4 % |
| ROE | 31.6 % | 56.2 % | 36.5 % | -9.9 % | -6.3 % |
| ROI | 38.2 % | 62.4 % | 44.3 % | -8.8 % | -4.0 % |
| Economic value added (EVA) | 272.08 | 754.16 | 712.97 | - 330.66 | - 232.45 |
| Solvency | |||||
| Equity ratio | 52.4 % | 65.7 % | 72.3 % | 69.4 % | 59.3 % |
| Gearing | 29.0 % | 14.8 % | 16.0 % | 32.1 % | 33.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.1 | 2.7 | 3.1 | 2.4 | 1.7 |
| Current ratio | 2.2 | 3.0 | 3.6 | 3.2 | 2.4 |
| Cash and cash equivalents | 1 051.20 | 1 545.86 | 1 144.70 | 459.98 | 504.45 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | A | BBB | BBB |
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