BALLING MASKINER ApS

CVR 32359434 · Private limited company (ApS) · Active · Low risk

BALLING MASKINER ApS is a Private limited company (ApS), founded on , based in Kolding. The company is registered in the industry agenturhandel med maskiner, teknisk udstyr, skibe og flyvemaskiner. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 16 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.7m and a net result of DKK -35k. CEO: Michael Balling Petersen.

Bankruptcy risk for BALLING MASKINER ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
32359434
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
Platinvej 26D
6000 Kolding
Municipality
Kolding
Industry
Agenturhandel med maskiner, teknisk udstyr, skibe og flyvemaskiner (461400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
6 (2018)
Auditor
PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 16
Missing annual reportNo
Negative equityNo
Equity ratio28.1%
Current ratio137%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address25
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 3.7mDKK 3.9m
Net profitDKK -35kDKK 258k
EquityDKK 1.7mDKK 1.9m
Total assetsDKK 6.0mDKK 4.2m
CashDKK 4,232–
Short-term debtDKK 4.3m–
Tax owedDKK 0–
Avg. employees6–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 202494
1 Jan 2023 – 31 Dec 202378
1 Jan 2022 – 31 Dec 2022109
1 Jan 2021 – 31 Dec 202148
1 Jan 2020 – 31 Dec 202042
1 Jan 2019 – 31 Dec 201980
1 Jan 2018 – 31 Dec 201870
1 Jan 2017 – 31 Dec 2017148
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 201582
1 Jan 2014 – 31 Dec 2014154
1 Jan 2013 – 31 Dec 201384
1 Jan 2012 – 31 Dec 2012143
1 Jan 2011 – 31 Dec 201171
11 Aug 2009 – 31 Dec 2010103

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
CEOMichael Balling PetersenCurrent
Owner (100%)Michael Balling PetersenCurrent
FounderMichael Balling PetersenCurrent

Address history (2 moves)

Platinvej 26D, 6000 Kolding
Platinvej 26D, 6000 Kolding
Stubdrupvej 28, 6000 Kolding

Employees per year

Number of employees at BALLING MASKINER ApS per year472011: 220112012: 320122013: 320132014: 320142015: 320152016: 620162017: 720172018: 62018

Other companies at the same address

Similar companies in Kolding

Questions and answers about BALLING MASKINER ApS

Has BALLING MASKINER ApS gone bankrupt?

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

What is the bankruptcy risk of BALLING MASKINER ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of BALLING MASKINER ApS?

Michael Balling Petersen is the CEO of BALLING MASKINER ApS.

Who is the auditor of BALLING MASKINER ApS?

BALLING MASKINER ApS most recently used PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

When was BALLING MASKINER ApS founded?

BALLING MASKINER ApS was founded on 11 August 2009.

What is the equity of BALLING MASKINER ApS?

Equity was DKK 1.7m 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.