Balling Brands Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40641742
Sandtoften 12, 2820 Gentofte

Company information

Official name
Balling Brands Holding ApS
Established
2019
Company form
Private limited company
Industry

About Balling Brands Holding ApS

Balling Brands Holding ApS (CVR number: 40641742) is a company from GENTOFTE. The company recorded a gross profit of -3.8 kDKK in 2023. The operating profit was -3.8 kDKK, while net earnings were -63.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Balling Brands Holding ApS's liquidity measured by quick ratio was 14.4 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 profit-6.02-8.51-3.75-3.75
EBIT-6.02-8.51-3.75-3.75
Net earnings293.00466.60678.68637.30-63.89
Shareholders equity total1 875.862 232.452 798.143 321.043 139.35
Balance sheet total (assets)1 963.192 387.913 005.753 325.213 251.62
Net debt-1 115.05-1 108.62-1 017.86- 869.67
Profitability
EBIT-%
ROA14.9 %20.9 %25.8 %21.2 %-0.9 %
ROE15.6 %22.7 %27.0 %20.8 %-2.0 %
ROI15.6 %22.1 %27.6 %21.9 %-0.9 %
Economic value added (EVA)-57.15-0.3336.1990.09
Solvency
Equity ratio95.6 %93.5 %93.1 %99.9 %96.5 %
Gearing2.8 %
Relative net indebtedness %
Liquidity
Quick ratio9.27.0286.814.4
Current ratio9.27.0286.814.4
Cash and cash equivalents1 115.051 108.621 017.86956.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:-0.89%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.5%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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