Balling Brands Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Balling Brands Holding ApS
Balling Brands Holding ApS (CVR number: 40641742) is a company from GENTOFTE. The company recorded a gross profit of -9.3 kDKK in 2024. The operating profit was -9.3 kDKK, while net earnings were 14.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 93.4 %, 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 7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -6.02 | -8.51 | -3.75 | -3.75 | -9.29 |
| EBIT | -6.02 | -8.51 | -3.75 | -3.75 | -9.29 |
| Net earnings | 466.60 | 678.68 | 637.30 | -85.79 | 14.29 |
| Shareholders equity total | 2 232.45 | 2 798.14 | 3 321.04 | 3 117.45 | 3 009.74 |
| Balance sheet total (assets) | 2 387.91 | 3 005.75 | 3 325.21 | 3 229.72 | 3 222.95 |
| Net debt | -1 115.05 | -1 108.62 | -1 017.86 | - 956.41 | -1 140.77 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 20.9 % | 25.8 % | 21.2 % | -1.6 % | 2.0 % |
| ROE | 22.7 % | 27.0 % | 20.8 % | -2.7 % | 0.5 % |
| ROI | 22.1 % | 27.6 % | 21.9 % | -1.6 % | 2.2 % |
| Economic value added (EVA) | -98.54 | - 120.78 | - 144.42 | - 169.77 | - 163.93 |
| Solvency | |||||
| Equity ratio | 93.5 % | 93.1 % | 99.9 % | 96.5 % | 93.4 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 9.2 | 7.0 | 286.8 | 12.4 | 7.0 |
| Current ratio | 9.2 | 7.0 | 286.8 | 12.4 | 7.0 |
| Cash and cash equivalents | 1 115.05 | 1 108.62 | 1 017.86 | 956.41 | 1 140.77 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | BBB | BBB |
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