THOMAS BALLING HOLDING ApS

CVR 29852820 · Private limited company (ApS) · Active · Low risk

THOMAS BALLING HOLDING ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry agenturhandel med møbler, husholdningsartikler og isenkram. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 19 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 4.0m and a net result of DKK 289k. CEO: Thomas Balling.

Bankruptcy risk for THOMAS BALLING HOLDING ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
29852820
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Kornblomstvej 61
9000 Aalborg
Municipality
Aalborg
Industry
Agenturhandel med møbler, husholdningsartikler og isenkram (461500)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 154k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 19
Missing annual reportNo
Negative equityNo
Equity ratio87.8%
Current ratio163%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies3
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -2,549DKK -7
Net profitDKK 289kDKK -1.8m
EquityDKK 4.0mDKK 3.7m
Total assetsDKK 4.6mDKK 4.3m
CashDKK 1,891–
Short-term debtDKK 559k–
Tax owedDKK 53k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202523
1 Jan 2024 – 31 Dec 202468
1 Jan 2023 – 31 Dec 2023167
1 Jan 2022 – 31 Dec 2022157
1 Jan 2021 – 31 Dec 2021150
1 Jan 2020 – 31 Dec 2020125
1 Jan 2019 – 31 Dec 2019140
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017164
1 Jan 2016 – 31 Dec 2016159
1 Jan 2015 – 31 Dec 2015141
1 Jan 2014 – 31 Dec 2014148
1 Jan 2013 – 31 Dec 2013153
1 Jan 2012 – 31 Dec 2012149
1 Jan 2011 – 31 Dec 2011157
1 Jan 2010 – 31 Dec 2010103
1 Jan 2009 – 31 Dec 200997
1 Jan 2008 – 31 Dec 2008182
14 Sep 2006 – 31 Dec 2007174

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOThomas BallingCurrent
Owner (100%)Thomas BallingCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorKpmg C Jespersen
AuditorEY Godkendt Revisionspartnerselskab
FounderThomas BallingCurrent

The CEOs' other companies

Thomas Balling – 8 other companies, of which 4 bankrupt

Address history (3 moves)

Kornblomstvej 61, 9000 Aalborg
Tyge Brahes Vej 5, 9000 Aalborg
c/o Thomas Balling, Jens Duus Vej 2, 9370 Hals
c/o Thomas Balling, Jens Duusvej 2, 9370 Hals

Other companies at the same address

Similar companies in Aalborg

Questions and answers about THOMAS BALLING HOLDING ApS

Has THOMAS BALLING HOLDING ApS gone bankrupt?

No, THOMAS BALLING HOLDING ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of THOMAS BALLING HOLDING ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of THOMAS BALLING HOLDING ApS?

Thomas Balling is the CEO of THOMAS BALLING HOLDING ApS.

When was THOMAS BALLING HOLDING ApS founded?

THOMAS BALLING HOLDING ApS was founded on 14 September 2006.

What is the equity of THOMAS BALLING HOLDING ApS?

Equity was DKK 4.0m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.