BALCHIK WHITE CLIFFS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BALCHIK WHITE CLIFFS ApS
BALCHIK WHITE CLIFFS ApS (CVR number: 29146306) is a company from RUDERSDAL. The company recorded a gross profit of -15.9 kDKK in 2023. The operating profit was -15.9 kDKK, while net earnings were -54.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.6 %, which can be considered poor and Return on Equity (ROE) was -65.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.8 %, 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. BALCHIK WHITE CLIFFS 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -23.34 | -16.88 | -20.18 | -38.94 | -15.88 |
EBIT | -23.34 | -16.88 | -20.18 | -38.94 | -15.88 |
Net earnings | -26.94 | -38.24 | -3 772.92 | -82.40 | -54.41 |
Shareholders equity total | 3 804.36 | 3 766.12 | -6.80 | 110.80 | 56.39 |
Balance sheet total (assets) | 3 817.49 | 3 779.25 | 6.32 | 188.61 | 134.85 |
Net debt | - 121.05 | -65.18 | -6.32 | - 188.61 | - 134.85 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.7 % | -1.0 % | -198.9 % | -81.5 % | -33.6 % |
ROE | -0.7 % | -1.0 % | -200.0 % | -140.7 % | -65.1 % |
ROI | -0.7 % | -1.0 % | -200.3 % | -148.3 % | -65.1 % |
Economic value added (EVA) | -82.49 | -78.33 | -83.56 | -38.28 | -11.97 |
Solvency | |||||
Equity ratio | 99.7 % | 99.7 % | -51.8 % | 58.7 % | 41.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.2 | 102.1 | 0.5 | 2.4 | 1.7 |
Current ratio | 9.2 | 102.1 | 0.5 | 2.4 | 1.7 |
Cash and cash equivalents | 121.05 | 65.18 | 6.32 | 188.61 | 134.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BB | BB | BB |
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