Balloon IT ApS

CVR number: 39805189
Nordgaardsvej 13 B, Svogerslev 4000 Roskilde

Credit rating

Company information

Official name
Balloon IT ApS
Established
2018
Domicile
Svogerslev
Company form
Private limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

About Balloon IT ApS

Balloon IT ApS (CVR number: 39805189) is a company from ROSKILDE. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -0.3 % compared to the previous year. The operating profit percentage was at 62.9 % (EBIT: 0 mDKK), while net earnings were 11 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.7 %, which can be considered excellent but Return on Equity (ROE) was 11.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 81.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Balloon IT ApS's liquidity measured by quick ratio was 5.5 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales31.7229.6839.0943.6543.52
Gross profit24.2925.1331.8136.5627.38
EBIT24.2925.1331.8136.5627.38
Net earnings18.9419.6024.8128.5210.98
Shareholders equity total18.9438.5570.3498.8689.83
Balance sheet total (assets)42.1366.6295.80142.43109.84
Net debt-4.60-19.52-36.95-77.87-42.51
Profitability
EBIT-%76.6 %84.7 %81.4 %83.8 %62.9 %
ROA57.6 %46.2 %39.2 %30.7 %21.7 %
ROE100.0 %68.2 %45.6 %33.7 %11.6 %
ROI83.9 %64.9 %49.4 %38.6 %26.2 %
Economic value added (EVA)18.9420.3426.2927.3418.89
Solvency
Equity ratio45.0 %57.9 %73.4 %69.4 %81.8 %
Gearing52.8 %25.9 %14.2 %10.1 %11.1 %
Relative net indebtedness %27.1 %-4.9 %-55.0 %-101.5 %-74.7 %
Liquidity
Quick ratio1.82.43.83.35.5
Current ratio1.82.43.83.35.5
Cash and cash equivalents14.6029.5246.9587.8652.51
Capital use efficiency
Trade debtors turnover (days)316.8456.2456.2456.2456.2
Net working capital %59.7 %129.9 %180.0 %226.5 %206.4 %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:21.7%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.8%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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