HOUSE OF BALANCE APS — Credit Rating and Financial Key Figures

HOUSE OF BALANCE APS (CVR number: 37474797) is a company from BALLERUP. The company recorded a gross profit of 1964.6 kDKK in 2023. The operating profit was 74 kDKK, while net earnings were 24.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 14.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 28.4 %, 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. HOUSE OF BALANCE 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.