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BALENDRAN APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BALENDRAN APS
BALENDRAN APS (CVR number: 41386533) is a company from HORSENS. The company recorded a gross profit of 477.7 kDKK in 2025. The operating profit was -23.1 kDKK, while net earnings were -17.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.5 %, which can be considered poor and Return on Equity (ROE) was -11.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BALENDRAN APS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 595.00 | 575.18 | 552.62 | 379.01 | 477.74 |
| EBIT | 87.00 | 82.01 | -35.11 | -21.52 | -23.07 |
| Net earnings | 67.00 | 63.40 | -28.46 | -22.25 | -17.86 |
| Shareholders equity total | 153.00 | 216.29 | 187.83 | 165.58 | 147.72 |
| Balance sheet total (assets) | 239.00 | 269.68 | 245.36 | 210.08 | 186.91 |
| Net debt | -80.00 | -34.09 | -27.82 | -1.05 | -14.53 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 40.8 % | 32.2 % | -13.6 % | -9.4 % | -11.5 % |
| ROE | 55.6 % | 34.3 % | -14.1 % | -12.6 % | -11.4 % |
| ROI | 56.1 % | 43.4 % | -17.1 % | -11.6 % | -13.3 % |
| Economic value added (EVA) | 60.04 | 56.58 | -38.76 | -26.37 | -27.13 |
| Solvency | |||||
| Equity ratio | 64.0 % | 80.2 % | 76.6 % | 78.8 % | 79.0 % |
| Gearing | 9.1 % | 10.2 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.1 | 0.9 | 0.8 | 1.0 | 1.3 |
| Current ratio | 1.1 | 0.9 | 0.8 | 1.0 | 1.3 |
| Cash and cash equivalents | 80.00 | 34.09 | 27.82 | 16.05 | 29.53 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BB | BBB |
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