Balder CB A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 581.68 | 507.53 | 8 496.08 | 4 680.11 | 4 711.15 |
EBIT | 13 581.68 | 1 507.53 | 15 496.08 | -2 659.88 | -4 755.08 |
Net earnings | 10 232.64 | 860.15 | 11 748.75 | -2 432.96 | -4 551.96 |
Shareholders equity total | 69 978.35 | 70 838.51 | 82 587.25 | 80 154.29 | 75 602.33 |
Balance sheet total (assets) | 109 083.55 | 111 646.92 | 127 144.42 | 121 865.34 | 110 841.65 |
Net debt | 21 811.78 | 23 449.93 | 22 654.25 | 20 294.28 | 17 104.61 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.6 % | 1.4 % | 13.0 % | -2.1 % | -4.1 % |
ROE | 23.5 % | 1.2 % | 15.3 % | -3.0 % | -5.8 % |
ROI | 17.8 % | 1.4 % | 13.0 % | -2.2 % | -4.1 % |
Economic value added (EVA) | 9 737.37 | -2 336.66 | 8 555.23 | -6 134.84 | -7 580.66 |
Solvency | |||||
Equity ratio | 64.2 % | 63.4 % | 65.0 % | 65.8 % | 68.2 % |
Gearing | 31.3 % | 33.9 % | 29.6 % | 29.2 % | 24.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 77.7 | 3.4 | 9.8 | 4.9 |
Current ratio | 0.0 | 77.7 | 3.4 | 9.8 | 4.9 |
Cash and cash equivalents | 77.29 | 555.63 | 1 788.52 | 3 105.51 | 1 299.28 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
Variable visualization
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