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
Personnel
2 persons
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 7471.7 kDKK in 2024. The operating profit was 7341.3 kDKK, while net earnings were 6598.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 28.7 %, 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 Ejendomme ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 969.634 653.723 763.475 723.447 471.70
EBIT4 527.1517 760.76-20 982.71-8 081.007 341.28
Net earnings1 618.5610 173.36-21 094.88-11 074.356 598.31
Shareholders equity total101 250.09130 625.49120 703.16107 009.80100 085.88
Balance sheet total (assets)297 955.09335 123.93358 148.35353 494.69348 806.33
Net debt136 731.39151 023.60183 692.58184 114.58187 066.67
Profitability
EBIT-%
ROA1.6 %5.6 %-6.0 %-1.2 %5.2 %
ROE1.6 %8.8 %-16.8 %-9.7 %6.4 %
ROI1.6 %5.9 %-6.7 %-1.4 %6.0 %
Economic value added (EVA)-9 016.531 208.54-31 693.92-21 959.43-7 392.11
Solvency
Equity ratio34.0 %39.0 %33.7 %30.3 %28.7 %
Gearing135.2 %116.8 %152.4 %172.5 %186.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.81.82.10.7
Current ratio0.00.81.82.10.7
Cash and cash equivalents193.501 506.50281.25443.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:5.17%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.7%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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