Balling Solution ApS — Credit Rating and Financial Key Figures

CVR number: 38324683
Københavnsvej 106 H, 4000 Roskilde

Company information

Official name
Balling Solution ApS
Personnel
12 persons
Established
2017
Company form
Private limited company
Industry

About Balling Solution ApS

Balling Solution ApS (CVR number: 38324683) is a company from ROSKILDE. The company recorded a gross profit of -117.2 kDKK in 2022. The operating profit was -117.2 kDKK, while net earnings were -100.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.4 %, which can be considered poor and Return on Equity (ROE) was -18 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Balling Solution ApS's liquidity measured by quick ratio was 1.6 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit1 348.474 328.993 726.70- 126.71- 117.20
EBIT- 541.03281.411 351.64- 288.36- 117.20
Net earnings- 466.53128.001 117.62- 208.51- 100.32
Shareholders equity total- 429.26- 301.26816.36607.85507.53
Balance sheet total (assets)781.281 417.621 865.041 458.551 311.96
Net debt614.83426.9697.86526.94714.41
Profitability
EBIT-%
ROA-60.7 %19.4 %78.7 %-14.2 %-8.4 %
ROE-114.0 %11.6 %100.1 %-29.3 %-18.0 %
ROI-125.1 %50.3 %204.6 %-22.9 %-9.7 %
Economic value added (EVA)- 437.12233.261 137.33- 265.29- 122.01
Solvency
Equity ratio-35.5 %-17.5 %43.8 %41.7 %38.7 %
Gearing-159.7 %-147.2 %14.6 %86.8 %148.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.61.81.71.6
Current ratio0.40.61.81.71.6
Cash and cash equivalents70.6016.3721.130.4140.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-8.36%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.7%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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