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
  • Expand more icon68Real estate activities

About BALDER DANMARK A/S

BALDER DANMARK A/S (CVR number: 34058016) is a company from KØBENHAVN. The company reported a net sales of 65 mDKK in 2023, demonstrating a growth of 85 % compared to the previous year. The operating profit percentage was poor at -45.5 % (EBIT: -29.6 mDKK), while net earnings were -825.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -6.6 %, which can be considered poor and Return on Equity (ROE) was -14 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.4 %, 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. BALDER DANMARK A/S's liquidity measured by quick ratio was 0.1 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
201920222023
Volume
Net sales35 134.0065 011.00
Gross profit-50 539.0033 811.00
EBIT-50 948.00-29 609.00
Net earnings1 116 511.00- 825 893.00
Shareholders equity total6 298 264.005 471 594.00
Balance sheet total (assets)10 518 333.009 209 669.00
Net debt4 114 226.003 622 787.00
Profitability
EBIT-%-145.0 %-45.5 %
ROA11.3 %-6.6 %
ROE17.7 %-14.0 %
ROI11.3 %-6.6 %
Economic value added (EVA)77 780.78-39 811.40405 016.84
Solvency
Equity ratio59.9 %59.4 %
Gearing66.8 %67.3 %
Relative net indebtedness %11748.2 %5657.7 %
Liquidity
Quick ratio0.10.1
Current ratio0.10.1
Cash and cash equivalents92 455.0059 948.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-4110.7 %-2622.8 %
Credit risk
Credit ratingABBB

Variable visualization

ROA:-6.61%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.4%
Rating: 46/100
-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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