BALE Advokatfirma ApS — Credit Rating and Financial Key Figures

CVR number: 32666310
Mindegade 2, 7400 Herning
mbk@bale.dk
tel: 70207119
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Credit rating

Company information

Official name
BALE Advokatfirma ApS
Personnel
9 persons
Established
2010
Company form
Private limited company
Industry

About BALE Advokatfirma ApS

BALE Advokatfirma ApS (CVR number: 32666310) is a company from HERNING. The company recorded a gross profit of 2692.3 kDKK in 2024. The operating profit was 151.5 kDKK, while net earnings were 83.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good but Return on Equity (ROE) was 36.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. BALE Advokatfirma ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 586.412 898.022 793.992 678.282 692.26
EBIT181.08241.18182.32152.92151.50
Net earnings127.80173.99134.62101.7283.18
Shareholders equity total252.80298.99263.61235.32218.50
Balance sheet total (assets)1 159.661 236.131 340.391 135.961 539.21
Net debt- 286.16-30.31- 245.67115.70645.52
Profitability
EBIT-%
ROA14.5 %20.1 %14.2 %12.6 %11.5 %
ROE47.4 %63.1 %47.9 %40.8 %36.7 %
ROI42.4 %60.6 %42.7 %35.5 %21.8 %
Economic value added (EVA)112.83163.62117.1690.74108.04
Solvency
Equity ratio21.8 %24.2 %19.7 %20.7 %14.2 %
Gearing21.6 %17.2 %36.0 %49.4 %295.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.31.31.41.3
Current ratio1.21.31.31.41.3
Cash and cash equivalents340.6781.84340.550.600.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:11.5%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.2%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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