Balder CB A/S — Credit Rating and Financial Key Figures

CVR number: 33745982
Vesterbrogade 1 E, 1620 København V
kundeservice@balder.dk
tel: 70302600
Balder.dk

Credit rating

Company information

Official name
Balder CB A/S
Established
2011
Company form
Limited company
Industry

About Balder CB A/S

Balder CB A/S (CVR number: 33745982) is a company from KØBENHAVN. The company recorded a gross profit of 4711.2 kDKK in 2023. The operating profit was -4755.1 kDKK, while net earnings were -4552 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.1 %, which can be considered poor and Return on Equity (ROE) was -5.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.2 %, 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. Balder CB A/S's liquidity measured by quick ratio was 4.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 581.68507.538 496.084 680.114 711.15
EBIT13 581.681 507.5315 496.08-2 659.88-4 755.08
Net earnings10 232.64860.1511 748.75-2 432.96-4 551.96
Shareholders equity total69 978.3570 838.5182 587.2580 154.2975 602.33
Balance sheet total (assets)109 083.55111 646.92127 144.42121 865.34110 841.65
Net debt21 811.7823 449.9322 654.2520 294.2817 104.61
Profitability
EBIT-%
ROA17.6 %1.4 %13.0 %-2.1 %-4.1 %
ROE23.5 %1.2 %15.3 %-3.0 %-5.8 %
ROI17.8 %1.4 %13.0 %-2.2 %-4.1 %
Economic value added (EVA)9 737.37-2 336.668 555.23-6 134.84-7 580.66
Solvency
Equity ratio64.2 %63.4 %65.0 %65.8 %68.2 %
Gearing31.3 %33.9 %29.6 %29.2 %24.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.077.73.49.84.9
Current ratio0.077.73.49.84.9
Cash and cash equivalents77.29555.631 788.523 105.511 299.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-4.08%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.2%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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