BALANCE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BALANCE HOLDING ApS
BALANCE HOLDING ApS (CVR number: 25099214) is a company from AARHUS. The company recorded a gross profit of -73.2 kDKK in 2023. The operating profit was -73.2 kDKK, while net earnings were 240 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 65.3 %, 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. BALANCE HOLDING ApS's liquidity measured by quick ratio was 2.3 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -44.56 | -82.28 | -4.00 | - 271.04 | -73.25 |
EBIT | -44.56 | - 907.28 | -4.00 | - 271.04 | -73.25 |
Net earnings | -46.93 | - 913.31 | 57.86 | 314.43 | 239.99 |
Shareholders equity total | 5 444.49 | 4 531.18 | 4 589.04 | 4 903.47 | 4 339.18 |
Balance sheet total (assets) | 8 638.78 | 7 733.60 | 8 003.73 | 8 173.57 | 6 641.42 |
Net debt | 2 388.32 | 3 164.56 | 3 242.45 | 1 112.65 | 201.38 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.6 % | -11.1 % | -0.1 % | 98.8 % | 4.4 % |
ROE | -0.9 % | -18.3 % | 1.3 % | 6.6 % | 5.2 % |
ROI | -1.8 % | -11.2 % | -0.1 % | 114.5 % | 6.1 % |
Economic value added (EVA) | - 301.27 | -1 143.82 | - 235.29 | - 416.76 | - 295.37 |
Solvency | |||||
Equity ratio | 63.0 % | 58.6 % | 57.3 % | 60.0 % | 65.3 % |
Gearing | 56.0 % | 70.0 % | 70.7 % | 24.9 % | 4.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.7 | 2.6 | 2.3 | 2.1 | 2.3 |
Current ratio | 2.7 | 2.6 | 2.3 | 2.1 | 2.3 |
Cash and cash equivalents | 658.96 | 5.36 | 108.25 | 1.28 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
Variable visualization
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