Balancen ApS — Credit Rating and Financial Key Figures

Balancen ApS (CVR number: 35852506) is a company from GULDBORGSUND. The company recorded a gross profit of 2254.3 kDKK in 2020, demonstrating a growth of 40.6 % compared to the previous year. The operating profit was 67.4 kDKK, while net earnings were 1.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good but Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -26.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Balancen 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.