Balder Star A/S — Credit Rating and Financial Key Figures

CVR number: 34051690
Vesterbrogade 1 E, 1620 København V
kundeservice@balder.dk
tel: 70302600
Balder.dk

Company information

Official name
Balder Star A/S
Established
2011
Company form
Limited company
Industry

About Balder Star A/S

Balder Star A/S (CVR number: 34051690) is a company from KØBENHAVN. The company recorded a gross profit of 12.4 mDKK in 2023. The operating profit was -30.6 mDKK, while net earnings were -23.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -6.1 %, which can be considered poor and Return on Equity (ROE) was -10.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.8 %, 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 Star A/S's liquidity measured by quick ratio was 23.1 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 profit11 828.3212 437.5012 819.8912 603.4212 447.11
EBIT15 253.9714 422.5719 819.8931 603.42-30 552.89
Net earnings12 085.4511 524.5615 759.0025 022.02-23 595.72
Shareholders equity total192 969.44204 494.00220 253.01245 275.03221 679.31
Balance sheet total (assets)376 651.49385 594.36399 571.71425 732.75390 200.43
Net debt118 539.25115 032.13109 314.94103 760.34105 059.31
Profitability
EBIT-%
ROA6.1 %4.2 %5.5 %8.2 %-6.1 %
ROE10.7 %5.8 %7.4 %10.7 %-10.1 %
ROI6.2 %4.3 %5.5 %8.3 %-6.1 %
Economic value added (EVA)4 301.29-4 249.14- 439.638 247.62-41 245.19
Solvency
Equity ratio51.2 %53.0 %55.1 %57.6 %56.8 %
Gearing61.4 %56.4 %51.0 %44.5 %48.2 %
Relative net indebtedness %
Liquidity
Quick ratio15.115.917.520.923.1
Current ratio15.115.917.520.923.1
Cash and cash equivalents404.072 995.945 499.121 807.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:-6.10%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.8%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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