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THOMAS BALLING HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29852820
Kornblomstvej 61, 9000 Aalborg
Free credit report Annual report

Company information

Official name
THOMAS BALLING HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About THOMAS BALLING HOLDING ApS

THOMAS BALLING HOLDING ApS (CVR number: 29852820) is a company from AALBORG. The company recorded a gross profit of -2.5 kDKK in 2025. The operating profit was -2.5 kDKK, while net earnings were 288.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent and Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 87.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THOMAS BALLING HOLDING 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit-5.80-7.45-7.57-0.01-2.55
EBIT-31.96-7.45-7.57-0.01-2.55
Net earnings106.91111.46373.93-1 758.94288.51
Shareholders equity total3 350.493 461.953 835.883 734.824 023.33
Balance sheet total (assets)4 881.305 399.655 545.524 320.354 582.30
Net debt416.55886.49626.52536.63504.07
Profitability
EBIT-%
ROA2.9 %3.5 %8.3 %-34.2 %7.2 %
ROE3.2 %3.3 %10.2 %-46.5 %7.4 %
ROI3.0 %3.9 %10.3 %-38.6 %7.3 %
Economic value added (EVA)- 204.73- 195.26- 224.44- 224.27- 216.30
Solvency
Equity ratio68.6 %64.1 %69.2 %86.4 %87.8 %
Gearing12.5 %25.6 %16.3 %14.4 %12.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.61.31.31.61.6
Current ratio0.61.31.31.61.6
Cash and cash equivalents3.220.460.550.211.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBA

Variable visualization

ROA:7.18%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.8%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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