Balder Star A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 11 828.32 | 12 437.50 | 12 819.89 | 12 603.42 | 12 447.11 |
EBIT | 15 253.97 | 14 422.57 | 19 819.89 | 31 603.42 | -30 552.89 |
Net earnings | 12 085.45 | 11 524.56 | 15 759.00 | 25 022.02 | -23 595.72 |
Shareholders equity total | 192 969.44 | 204 494.00 | 220 253.01 | 245 275.03 | 221 679.31 |
Balance sheet total (assets) | 376 651.49 | 385 594.36 | 399 571.71 | 425 732.75 | 390 200.43 |
Net debt | 118 539.25 | 115 032.13 | 109 314.94 | 103 760.34 | 105 059.31 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.1 % | 4.2 % | 5.5 % | 8.2 % | -6.1 % |
ROE | 10.7 % | 5.8 % | 7.4 % | 10.7 % | -10.1 % |
ROI | 6.2 % | 4.3 % | 5.5 % | 8.3 % | -6.1 % |
Economic value added (EVA) | 4 301.29 | -4 249.14 | - 439.63 | 8 247.62 | -41 245.19 |
Solvency | |||||
Equity ratio | 51.2 % | 53.0 % | 55.1 % | 57.6 % | 56.8 % |
Gearing | 61.4 % | 56.4 % | 51.0 % | 44.5 % | 48.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 15.1 | 15.9 | 17.5 | 20.9 | 23.1 |
Current ratio | 15.1 | 15.9 | 17.5 | 20.9 | 23.1 |
Cash and cash equivalents | 404.07 | 2 995.94 | 5 499.12 | 1 807.79 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | A |
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