Balling Nissen ApS — Credit Rating and Financial Key Figures

Balling Nissen ApS (CVR number: 39320649) is a company from VARDE. The company recorded a gross profit of -14.4 kDKK in 2024. The operating profit was -14.4 kDKK, while net earnings were 688.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 30.8 %, 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 Nissen ApS's liquidity measured by quick ratio was 1.8 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.