Balse Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Balse Holding ApS
Balse Holding ApS (CVR number: 36955856) is a company from AARHUS. The company recorded a gross profit of -14.5 kDKK in 2024. The operating profit was -19.6 kDKK, while net earnings were 1894 kDKK. The profitability of the company measured by Return on Assets (ROA) was 59.1 %, which can be considered excellent and Return on Equity (ROE) was 70.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Balse Holding ApS's liquidity measured by quick ratio was 3 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 | -8.50 | -13.66 | -13.35 | -15.54 | -14.50 |
EBIT | -8.50 | - 412.24 | - 109.32 | -23.58 | -19.63 |
Net earnings | 1 511.53 | 1 180.05 | 1 151.08 | 1 374.48 | 1 894.03 |
Shareholders equity total | 1 683.65 | 2 113.70 | 1 694.78 | 2 149.26 | 3 243.28 |
Balance sheet total (assets) | 1 702.61 | 2 429.76 | 2 050.52 | 2 710.16 | 3 812.42 |
Net debt | -19.54 | - 333.88 | -58.66 | - 601.72 | -1 593.47 |
Profitability | |||||
EBIT-% | |||||
ROA | 111.9 % | 52.8 % | 57.0 % | 58.2 % | 59.1 % |
ROE | 113.7 % | 62.2 % | 60.4 % | 71.5 % | 70.2 % |
ROI | 113.5 % | 57.5 % | 61.5 % | 59.2 % | 65.1 % |
Economic value added (EVA) | -41.03 | - 391.25 | - 149.89 | 0.61 | -1.58 |
Solvency | |||||
Equity ratio | 98.9 % | 87.0 % | 82.7 % | 79.3 % | 85.1 % |
Gearing | 20.3 % | 23.1 % | 1.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 81.6 | 6.7 | 1.3 | 2.1 | 3.0 |
Current ratio | 81.6 | 6.7 | 1.3 | 2.1 | 3.0 |
Cash and cash equivalents | 19.54 | 333.88 | 403.05 | 1 097.27 | 1 627.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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