Balance Energy Global ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Balance Energy Global ApS
Balance Energy Global ApS (CVR number: 43057189) is a company from SKIVE. The company recorded a gross profit of -33.8 kDKK in 2024. The operating profit was -33.8 kDKK, while net earnings were -30.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.4 %, which can be considered poor and Return on Equity (ROE) was -35.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.4 %, 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. Balance Energy Global 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 financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -10.00 | 108.98 | -33.76 |
EBIT | -10.00 | 108.98 | -33.76 |
Net earnings | -17.12 | -45.73 | -30.77 |
Shareholders equity total | 22.88 | -22.85 | 46.38 |
Balance sheet total (assets) | 178.27 | 125.93 | 82.27 |
Net debt | 89.50 | 62.19 | 20.38 |
Profitability | |||
EBIT-% | |||
ROA | -5.6 % | -5.6 % | -26.4 % |
ROE | -74.8 % | -61.5 % | -35.7 % |
ROI | -6.1 % | -6.9 % | -35.1 % |
Economic value added (EVA) | -10.00 | 71.16 | -33.26 |
Solvency | |||
Equity ratio | 12.8 % | -15.4 % | 56.4 % |
Gearing | 611.8 % | -454.2 % | 51.5 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.1 | 0.7 | 1.7 |
Current ratio | 1.1 | 0.8 | 2.3 |
Cash and cash equivalents | 50.51 | 41.58 | 3.51 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | B | BB | BB |
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