BALDER Hesteskoen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BALDER Hesteskoen ApS
BALDER Hesteskoen ApS (CVR number: 35514821) is a company from KØBENHAVN. The company recorded a gross profit of 23.1 mDKK in 2023. The operating profit was -41.4 mDKK, while net earnings were -41.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -4.7 %, which can be considered poor and Return on Equity (ROE) was -9.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.9 %, 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. BALDER Hesteskoen ApS's liquidity measured by quick ratio was 3.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 18 726.63 | 20 421.55 | 20 566.71 | 23 027.56 | 23 141.87 |
EBIT | 25 706.74 | 36 421.55 | 57 566.71 | 47 027.56 | -41 396.25 |
Net earnings | 17 192.06 | 25 872.14 | 42 669.18 | 34 286.86 | -41 570.72 |
Shareholders equity total | 344 709.23 | 370 581.37 | 413 250.55 | 447 537.41 | 405 966.69 |
Balance sheet total (assets) | 745 200.54 | 771 764.63 | 819 721.90 | 857 097.01 | 798 047.32 |
Net debt | 318 316.20 | 315 822.24 | 309 052.05 | 304 171.22 | 308 107.15 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.4 % | 4.8 % | 7.3 % | 5.7 % | -4.7 % |
ROE | 7.8 % | 7.2 % | 10.9 % | 8.0 % | -9.7 % |
ROI | 4.5 % | 4.9 % | 7.4 % | 5.8 % | -4.8 % |
Economic value added (EVA) | - 714.71 | -4 768.13 | 10 549.28 | 525.71 | -69 967.67 |
Solvency | |||||
Equity ratio | 46.3 % | 48.0 % | 50.4 % | 52.2 % | 50.9 % |
Gearing | 92.5 % | 85.2 % | 75.8 % | 69.4 % | 76.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 1.2 | 1.9 | 2.7 | 3.4 |
Current ratio | 0.6 | 1.2 | 1.9 | 2.7 | 3.4 |
Cash and cash equivalents | 368.98 | 95.71 | 4 099.14 | 6 314.46 | 748.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | AA | A |
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