BALDER DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 35 134.00 | 65 011.00 | |
Gross profit | -50 539.00 | 33 811.00 | |
EBIT | -50 948.00 | -29 609.00 | |
Net earnings | 1 116 511.00 | - 825 893.00 | |
Shareholders equity total | 6 298 264.00 | 5 471 594.00 | |
Balance sheet total (assets) | 10 518 333.00 | 9 209 669.00 | |
Net debt | 4 114 226.00 | 3 622 787.00 | |
Profitability | |||
EBIT-% | -145.0 % | -45.5 % | |
ROA | 11.3 % | -6.6 % | |
ROE | 17.7 % | -14.0 % | |
ROI | 11.3 % | -6.6 % | |
Economic value added (EVA) | 77 780.78 | -39 811.40 | 405 016.84 |
Solvency | |||
Equity ratio | 59.9 % | 59.4 % | |
Gearing | 66.8 % | 67.3 % | |
Relative net indebtedness % | 11748.2 % | 5657.7 % | |
Liquidity | |||
Quick ratio | 0.1 | 0.1 | |
Current ratio | 0.1 | 0.1 | |
Cash and cash equivalents | 92 455.00 | 59 948.00 | |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | -4110.7 % | -2622.8 % | |
Credit risk | |||
Credit rating | A | BBB |
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