Ballast CPH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ballast CPH ApS
Ballast CPH ApS (CVR number: 37945498) is a company from GLADSAXE. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a decline of -54.1 % compared to the previous year. The operating profit percentage was at 18.7 % (EBIT: 0 mDKK), while net earnings were 37.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 52.7 %, which can be considered excellent and Return on Equity (ROE) was 139.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.8 %, 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. Ballast CPH ApS's liquidity measured by quick ratio was 2.4 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 431.25 | 516.74 | 851.39 | 435.54 | 199.97 |
Gross profit | 414.43 | 502.84 | 846.21 | 424.26 | 68.67 |
EBIT | 52.19 | -24.38 | 64.77 | -80.47 | 37.48 |
Net earnings | 40.91 | -20.14 | 49.19 | -81.01 | 37.56 |
Shareholders equity total | 60.16 | 40.02 | 89.20 | 8.20 | 45.75 |
Balance sheet total (assets) | 232.68 | 120.80 | 124.66 | 63.49 | 79.18 |
Net debt | -92.90 | -97.36 | -1.20 | -45.41 | -20.30 |
Profitability | |||||
EBIT-% | 12.1 % | -4.7 % | 7.6 % | -18.5 % | 18.7 % |
ROA | 25.9 % | -13.6 % | 52.8 % | -85.5 % | 52.7 % |
ROE | 103.0 % | -40.2 % | 76.1 % | -166.3 % | 139.2 % |
ROI | 108.0 % | -40.1 % | 86.8 % | -135.4 % | 99.6 % |
Economic value added (EVA) | 45.05 | -15.49 | 52.65 | -82.54 | 38.23 |
Solvency | |||||
Equity ratio | 25.9 % | 33.1 % | 71.6 % | 12.9 % | 57.8 % |
Gearing | 16.9 % | 25.0 % | 11.2 % | 140.1 % | 21.9 % |
Relative net indebtedness % | 16.1 % | -5.1 % | 2.8 % | -0.4 % | 1.6 % |
Liquidity | |||||
Quick ratio | 1.3 | 1.5 | 3.5 | 1.1 | 2.4 |
Current ratio | 1.3 | 1.5 | 3.5 | 1.1 | 2.4 |
Cash and cash equivalents | 103.05 | 107.36 | 11.20 | 56.90 | 30.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 105.8 | 46.7 | 85.6 | ||
Net working capital % | 14.0 % | 7.7 % | 10.5 % | 1.9 % | 22.9 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.