RASMUS BALLING NISSEN ApS — Credit Rating and Financial Key Figures

CVR number: 27905269
Uhrevej 7, 6862 Tistrup
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Company information

Official name
RASMUS BALLING NISSEN ApS
Personnel
1 person
Established
2004
Company form
Private limited company
Industry

About RASMUS BALLING NISSEN ApS

RASMUS BALLING NISSEN ApS (CVR number: 27905269) is a company from VARDE. The company recorded a gross profit of -200.2 kDKK in 2024. The operating profit was -886.8 kDKK, while net earnings were 1656.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 84.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RASMUS BALLING NISSEN ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit- 215.50- 357.07- 256.08-83.81- 200.19
EBIT- 305.17- 502.96- 703.93- 590.33- 886.76
Net earnings4 601.015 021.58-5 982.27-4 104.881 656.51
Shareholders equity total77 502.9086 245.4381 673.6875 152.1271 875.69
Balance sheet total (assets)91 779.64102 104.8189 019.9086 961.1284 929.02
Net debt-16 170.24-14 140.61-10 514.44- 278.72-3 847.07
Profitability
EBIT-%
ROA6.7 %5.8 %-5.6 %-4.0 %2.8 %
ROE6.1 %6.1 %-7.1 %-5.2 %2.3 %
ROI7.0 %6.0 %-5.8 %-4.1 %3.0 %
Economic value added (EVA)-4 315.12-4 835.27-5 510.88-4 881.43-5 104.92
Solvency
Equity ratio84.4 %84.5 %91.7 %86.4 %84.6 %
Gearing14.1 %14.5 %4.5 %11.7 %6.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.71.82.51.50.8
Current ratio2.71.82.51.50.8
Cash and cash equivalents27 113.9726 684.7214 212.829 070.068 774.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:2.84%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.6%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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