House of Balance DK ApS — Credit Rating and Financial Key Figures

CVR number: 39180332
Nørre Alle 23, 7400 Herning

Company information

Official name
House of Balance DK ApS
Established
2017
Company form
Private limited company
Industry

About House of Balance DK ApS

House of Balance DK ApS (CVR number: 39180332) is a company from HERNING. The company recorded a gross profit of -16.2 kDKK in 2024. The operating profit was -16.2 kDKK, while net earnings were 4877.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent and Return on Equity (ROE) was 6.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 79.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. House of Balance DK ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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-9.38-9.38-12.68-11.88-16.21
EBIT-9.38-9.38-12.68-11.88-16.21
Net earnings6 429.7518 804.821 904.9111 279.054 877.62
Shareholders equity total41 337.5560 142.3762 047.2973 326.3375 782.60
Balance sheet total (assets)75 086.8193 891.6395 914.5192 153.6695 600.15
Net debt33 739.8833 739.8833 705.5718 795.7819 372.17
Profitability
EBIT-%
ROA8.9 %22.3 %2.1 %12.0 %5.7 %
ROE16.9 %37.1 %3.1 %16.7 %6.5 %
ROI8.9 %22.3 %2.1 %12.0 %5.7 %
Economic value added (EVA)-3 458.92-3 782.02-4 727.62-4 825.18-4 642.54
Solvency
Equity ratio55.1 %64.1 %64.7 %79.6 %79.3 %
Gearing81.6 %56.1 %54.4 %25.7 %25.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.1
Current ratio0.00.10.1
Cash and cash equivalents34.3122.1772.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:5.71%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.3%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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