BALEX ADVOKATANPARTSSELSKAB — Credit Rating and Financial Key Figures

CVR number: 18261200
Cortex Park Vest 3, 5230 Odense M

Company information

Official name
BALEX ADVOKATANPARTSSELSKAB
Personnel
1 person
Established
1995
Company form
Private limited company
Industry

About BALEX ADVOKATANPARTSSELSKAB

BALEX ADVOKATANPARTSSELSKAB (CVR number: 18261200) is a company from ODENSE. The company recorded a gross profit of 2721.7 kDKK in 2023. The operating profit was 2094.5 kDKK, while net earnings were 3670.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.4 %, which can be considered excellent and Return on Equity (ROE) was 33.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BALEX ADVOKATANPARTSSELSKAB's liquidity measured by quick ratio was 8.7 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 profit2 040.502 875.322 730.432 949.852 721.73
EBIT1 250.721 090.761 944.022 232.582 094.51
Net earnings1 641.291 605.882 150.552 808.983 670.28
Shareholders equity total6 378.636 984.517 705.069 714.0412 384.32
Balance sheet total (assets)7 143.707 693.478 604.9610 704.6113 663.49
Net debt-1 562.56-2 086.56-2 452.16-3 303.37-9 113.65
Profitability
EBIT-%
ROA30.1 %27.9 %34.3 %36.6 %37.4 %
ROE26.7 %24.0 %29.3 %32.3 %33.2 %
ROI33.3 %30.6 %37.3 %39.6 %40.3 %
Economic value added (EVA)754.90606.081 253.401 521.041 372.68
Solvency
Equity ratio89.3 %90.8 %89.5 %90.7 %90.6 %
Gearing0.2 %0.2 %2.0 %1.6 %2.4 %
Relative net indebtedness %
Liquidity
Quick ratio7.28.47.58.68.7
Current ratio7.28.47.58.68.7
Cash and cash equivalents1 573.762 097.762 608.183 462.839 413.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:37.4%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.6%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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