BALLEGAARD EJENDOMSUDVIKLING A/S — Credit Rating and Financial Key Figures

CVR number: 29802246
Nørregade 14 A, 7100 Vejle
tel: 75871794

Credit rating

Company information

Official name
BALLEGAARD EJENDOMSUDVIKLING A/S
Established
2006
Company form
Limited company
Industry

About BALLEGAARD EJENDOMSUDVIKLING A/S

BALLEGAARD EJENDOMSUDVIKLING A/S (CVR number: 29802246) is a company from VEJLE. The company recorded a gross profit of 14.1 mDKK in 2023. The operating profit was 19.2 mDKK, while net earnings were 20.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 34.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46 %, 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. BALLEGAARD EJENDOMSUDVIKLING A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit12 471.9511 077.7313 618.8214 297.4514 096.67
EBIT36 716.9515 239.1116 443.8219 837.3019 196.67
Net earnings24 139.986 523.067 498.0712 023.7620 136.69
Shareholders equity total21 987.7821 825.3737 051.4448 582.3668 068.67
Balance sheet total (assets)234 940.22229 516.92218 735.33226 518.55230 428.69
Net debt143 917.58131 116.90134 639.31131 467.72117 493.27
Profitability
EBIT-%
ROA17.1 %6.6 %7.4 %9.2 %14.4 %
ROE21.0 %29.8 %25.5 %28.1 %34.5 %
ROI22.5 %8.8 %9.6 %11.1 %17.1 %
Economic value added (EVA)23 396.604 550.196 124.568 979.628 144.12
Solvency
Equity ratio22.5 %23.3 %32.5 %37.2 %46.0 %
Gearing681.8 %639.7 %363.8 %272.5 %173.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.00.10.1
Current ratio0.40.20.10.10.1
Cash and cash equivalents6 000.018 502.02167.72910.64410.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:14.4%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.0%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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