Balder Finans ApS — Credit Rating and Financial Key Figures

Balder Finans ApS (CVR number: 31367638) is a company from DRAGØR. The company recorded a gross profit of -8.9 kDKK in 2023. The operating profit was -11.1 kDKK, while net earnings were -11.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -16.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Balder Finans ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.