BALDER DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 34058016
Vesterbrogade 1 E, 1620 København V
kundeservice@balder.dk
tel: 70302600
Balder.dk

Credit rating

Company information

Official name
BALDER DANMARK A/S
Personnel
100 persons
Established
2011
Company form
Limited company
Industry

About BALDER DANMARK A/S

BALDER DANMARK A/S (CVR number: 34058016K) is a company from KØBENHAVN. The company reported a net sales of 753.3 mDKK in 2024, demonstrating a decline of -11.8 % compared to the previous year. The operating profit percentage was at 88.9 % (EBIT: 669.9 mDKK), while net earnings were 205.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 32.5 %, 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. BALDER DANMARK A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales734.83812.17947.91853.67753.29
Gross profit335.77443.98482.16525.10561.73
EBIT1 165.131 603.771 534.87- 806.97669.86
Net earnings843.781 185.741 123.14- 824.50205.60
Shareholders equity total4 000.985 182.196 298.265 471.595 677.57
Balance sheet total (assets)13 705.1315 940.8118 453.6217 434.5917 469.72
Net debt10 091.7010 058.16
Profitability
EBIT-%158.6 %197.5 %161.9 %-94.5 %88.9 %
ROA9.3 %10.8 %8.9 %-4.1 %3.7 %
ROE23.6 %25.8 %19.6 %-14.0 %3.7 %
ROI9.3 %10.8 %8.9 %-4.1 %3.8 %
Economic value added (EVA)1 006.641 402.721 274.47- 950.80- 349.98
Solvency
Equity ratio100.0 %100.0 %100.0 %31.4 %32.5 %
Gearing187.5 %178.4 %
Relative net indebtedness %1227.1 %1380.3 %
Liquidity
Quick ratio0.31.1
Current ratio0.31.1
Cash and cash equivalents168.1672.83
Capital use efficiency
Trade debtors turnover (days)1.21.6
Net working capital %-64.3 %4.5 %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:3.75%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.5%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chief executive officer

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