Ballast I ApS — Credit Rating and Financial Key Figures

CVR number: 44062704
Store Regnegade 26 C, 1110 København K

Credit rating

Company information

Official name
Ballast I ApS
Personnel
29 persons
Established
2023
Company form
Private limited company
Industry

About Ballast I ApS

Ballast I ApS (CVR number: 44062704) is a company from KØBENHAVN. The company recorded a gross profit of 2494.5 kDKK in 2023. The operating profit was 320.2 kDKK, while net earnings were 239.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good and Return on Equity (ROE) was 13 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 50.6 %, 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. Ballast I ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
Volume
Net sales
Gross profit2 494.46
EBIT320.25
Net earnings239.72
Shareholders equity total1 843.39
Balance sheet total (assets)3 646.50
Net debt- 419.46
Profitability
EBIT-%
ROA9.0 %
ROE13.0 %
ROI11.9 %
Economic value added (EVA)248.29
Solvency
Equity ratio50.6 %
Gearing24.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.7
Current ratio0.7
Cash and cash equivalents872.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:9.00%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.6%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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