FONDEN BALLONPARKEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About FONDEN BALLONPARKEN
FONDEN BALLONPARKEN (CVR number: 31486866) is a company from KØBENHAVN. The company reported a net sales of 2 mDKK in 2024, demonstrating a decline of -0 % compared to the previous year. The operating profit percentage was at 69.5 % (EBIT: 1.4 mDKK), while net earnings were 1393.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good but Return on Equity (ROE) was 22.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FONDEN BALLONPARKEN's liquidity measured by quick ratio was 1.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 322.00 | 2 022.00 | 2 021.64 | 2 021.64 | 2 021.64 |
Gross profit | 1 588.00 | 1 256.00 | 1 254.67 | 1 485.67 | 1 306.77 |
EBIT | 1 395.00 | 1 163.00 | 1 162.74 | 1 737.42 | 1 405.90 |
Net earnings | 405.00 | 726.00 | 511.63 | 1 080.82 | 1 393.87 |
Shareholders equity total | 2 517.00 | 3 630.00 | 4 617.32 | 5 563.99 | 6 957.86 |
Balance sheet total (assets) | 18 933.00 | 19 665.00 | 19 852.66 | 20 211.55 | 20 863.08 |
Net debt | 15 587.00 | 14 729.00 | 14 098.99 | 13 140.32 | 12 160.93 |
Profitability | |||||
EBIT-% | 60.1 % | 57.5 % | 57.5 % | 85.9 % | 69.5 % |
ROA | 7.4 % | 6.0 % | 5.9 % | 8.8 % | 8.9 % |
ROE | 18.0 % | 23.6 % | 12.4 % | 21.2 % | 22.3 % |
ROI | 7.4 % | 6.0 % | 6.0 % | 8.8 % | 9.0 % |
Economic value added (EVA) | 1 036.25 | 272.72 | - 136.07 | 458.69 | 435.44 |
Solvency | |||||
Equity ratio | 13.3 % | 18.5 % | 23.3 % | 27.5 % | 33.4 % |
Gearing | 634.8 % | 426.9 % | 308.1 % | 240.3 % | 183.8 % |
Relative net indebtedness % | 672.7 % | 730.2 % | 699.0 % | 662.2 % | 603.3 % |
Liquidity | |||||
Quick ratio | 1.0 | 1.9 | 0.4 | 0.4 | 1.5 |
Current ratio | 1.0 | 1.9 | 0.4 | 0.4 | 1.5 |
Cash and cash equivalents | 391.00 | 767.00 | 125.43 | 229.64 | 628.08 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 18.8 % | -13.2 % | -18.7 % | 11.5 % | |
Credit risk | |||||
Credit rating | A | A | A | AA | AA |
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