Red Balloon ApS — Credit Rating and Financial Key Figures

Red Balloon ApS (CVR number: 44083698) is a company from GENTOFTE. The company reported a net sales of 0 mDKK in 2024. The operating profit percentage was poor at -3885.2 % (EBIT: -1.4 mDKK), while net earnings were -996.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -52.6 %, which can be considered poor and Return on Equity (ROE) was -70.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -25.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Red Balloon 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.