Ballast ApS — Credit Rating and Financial Key Figures

Ballast ApS (CVR number: 43566008) is a company from SKIVE. The company recorded a gross profit of 3810.4 kDKK in 2023. The operating profit was -162.7 kDKK, while net earnings were -179.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.6 %, which can be considered poor and Return on Equity (ROE) was -30.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -19.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Ballast ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.