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Balle-Larsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Balle-Larsen Holding ApS
Balle-Larsen Holding ApS (CVR number: 39281104) is a company from HOLBÆK. The company recorded a gross profit of 498.6 kDKK in 2024. The operating profit was -272 kDKK, while net earnings were -261 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.9 %, which can be considered poor and Return on Equity (ROE) was -51.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.4 %, 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. Balle-Larsen Holding ApS's liquidity measured by quick ratio was 3.1 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 409.57 | 652.46 | 476.01 | 1 064.98 | 498.64 |
| EBIT | 626.66 | - 132.58 | - 281.93 | 150.17 | - 272.01 |
| Net earnings | 484.21 | -86.61 | - 265.46 | 150.26 | - 261.01 |
| Shareholders equity total | 848.10 | 750.89 | 485.43 | 635.69 | 374.68 |
| Balance sheet total (assets) | 1 179.49 | 1 080.91 | 528.92 | 881.13 | 540.17 |
| Net debt | -1 122.12 | -1 000.31 | - 493.31 | - 782.51 | - 247.41 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 69.2 % | -7.4 % | -32.2 % | 21.8 % | -35.9 % |
| ROE | 79.9 % | -10.8 % | -42.9 % | 26.8 % | -51.7 % |
| ROI | 104.7 % | -10.4 % | -41.2 % | 26.9 % | -45.8 % |
| Economic value added (EVA) | 470.53 | - 175.20 | - 320.20 | 125.24 | - 304.49 |
| Solvency | |||||
| Equity ratio | 71.9 % | 69.5 % | 91.8 % | 72.1 % | 69.4 % |
| Gearing | 1.4 % | 2.2 % | 1.7 % | 24.5 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.5 | 3.2 | 11.6 | 3.5 | 3.1 |
| Current ratio | 3.5 | 3.2 | 11.6 | 3.5 | 3.1 |
| Cash and cash equivalents | 1 122.12 | 1 010.91 | 503.92 | 793.11 | 339.37 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BB | BBB | BBB |
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