BaLaerke ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BaLaerke ApS
BaLaerke ApS (CVR number: 40831258) is a company from VIBORG. The company recorded a gross profit of 454.3 kDKK in 2024. The operating profit was -69 kDKK, while net earnings were 12.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -46.7 %, which can be considered poor but Return on Equity (ROE) was 22.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. BaLaerke ApS's liquidity measured by quick ratio was 1.8 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 | -77.02 | 238.24 | 275.41 | 39.79 | 454.28 |
| EBIT | -83.32 | 160.34 | 94.63 | - 306.30 | -68.95 |
| Net earnings | -99.88 | 135.55 | 72.25 | - 308.12 | 12.91 |
| Shareholders equity total | 150.12 | 285.67 | 357.92 | 49.80 | 62.70 |
| Balance sheet total (assets) | 817.88 | 384.81 | 417.41 | 151.56 | 143.43 |
| Net debt | 296.52 | - 129.59 | -62.31 | -83.30 | -23.37 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -10.2 % | 26.7 % | 23.6 % | -107.6 % | -46.7 % |
| ROE | -66.5 % | 62.2 % | 22.5 % | -151.1 % | 22.9 % |
| ROI | -12.8 % | 34.2 % | 29.1 % | -147.6 % | -120.7 % |
| Economic value added (EVA) | -83.32 | 123.35 | 59.46 | - 324.57 | -51.54 |
| Solvency | |||||
| Equity ratio | 18.4 % | 74.2 % | 85.7 % | 32.9 % | 43.7 % |
| Gearing | 320.9 % | 1.6 % | 3.1 % | 0.3 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.9 | 1.8 | 1.8 | 1.2 | 1.8 |
| Current ratio | 0.9 | 3.9 | 7.0 | 1.5 | 1.8 |
| Cash and cash equivalents | 185.24 | 129.59 | 68.02 | 84.86 | 23.53 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BB | B | BB |
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