Balling Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 39382652
Bredskifte Allé 15, Hasle 8210 Aarhus V
tel: 39466903

Company information

Official name
Balling Ejendomme ApS
Established
2018
Domicile
Hasle
Company form
Private limited company
Industry

About Balling Ejendomme ApS

Balling Ejendomme ApS (CVR number: 39382652) is a company from AARHUS. The company recorded a gross profit of 5723.4 kDKK in 2023. The operating profit was -8081 kDKK, while net earnings were -11.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -9.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.3 %, 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 Ejendomme ApS's liquidity measured by quick ratio was 2.1 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 profit4 537.225 969.634 653.723 763.475 723.44
EBIT18 255.434 527.1517 760.76-20 982.71-8 081.00
Net earnings9 822.001 618.5610 173.36-21 094.88-11 074.35
Shareholders equity total95 262.46101 250.09130 625.49120 703.16107 009.80
Balance sheet total (assets)294 833.06297 955.09335 123.93358 148.35353 494.69
Net debt136 230.20136 731.39151 023.60183 692.58184 114.58
Profitability
EBIT-%
ROA6.4 %1.6 %5.6 %-6.0 %-1.2 %
ROE10.5 %1.6 %8.8 %-16.8 %-9.7 %
ROI6.7 %1.6 %5.9 %-6.7 %-1.4 %
Economic value added (EVA)1 860.73-8 555.781 753.44-28 967.60-18 998.39
Solvency
Equity ratio32.3 %34.0 %39.0 %33.7 %30.3 %
Gearing143.1 %135.2 %116.8 %152.4 %172.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.81.82.1
Current ratio0.10.00.81.82.1
Cash and cash equivalents127.35193.501 506.50281.25443.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAABBBA

Variable visualization

ROA:-1.25%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.3%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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