BALLE INNOVATION ApS
CVR 35055797 · Private limited company (ApS) · Active · Low risk
BALLE INNOVATION ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry fremstilling af andre færdige metalprodukter i.a.n.. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 13 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.5m and a net result of DKK 214k. CEO: Martin Rimmen Olesen.
Bankruptcy risk for BALLE INNOVATION ApS
0.4 × the average (1.41%) · higher risk than 60% of active Danish companies
Increases the risk
Reduces the risk
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
- 35055797
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (13 years)
- Address
- Cedervej 2C
7400 Herning - Municipality
- Herning
- Industry
- Fremstilling af andre færdige metalprodukter i.a.n. (259900)
Bankruptcies in the industry: Maskinforarbejdning - Share capital
- DKK 120k
- Employees
- 6 (2018)
- Auditor
- CKF Revision ApS Godkendt revisionsfirma
- Audit opted out
- No
Warning signs
| Annual reports filed late | 3 of 13 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 23.8% |
| Current ratio | 86% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 3 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 8 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 6.1m | – |
| Net profit | DKK 214k | – |
| Equity | DKK 2.5m | – |
| Total assets | DKK 10.6m | – |
| Short-term debt | DKK 7.7m | – |
| Avg. employees | 7 | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · CKF Revision ApS Godkendt revisionsfirma.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 181 | ||
| 1 Jan 2024 – 31 Dec 2024 | 185 | Late | |
| 1 Jan 2023 – 31 Dec 2023 | 186 | Late | |
| 1 Jan 2022 – 31 Dec 2022 | 85 | ||
| 1 Jan 2021 – 31 Dec 2021 | 178 | ||
| 1 Jan 2020 – 31 Dec 2020 | 168 | ||
| 1 Jan 2019 – 31 Dec 2019 | 237 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 158 | ||
| 1 Jan 2017 – 31 Dec 2017 | 99 | ||
| 1 Jan 2016 – 31 Dec 2016 | 86 | ||
| 1 Jan 2015 – 31 Dec 2015 | 106 | ||
| 1 Jan 2014 – 31 Dec 2014 | 154 | ||
| 11 Mar 2013 – 31 Dec 2013 | 113 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Martin Rimmen Olesen | Current | |
| CEO | Hans Balle Christensen | ||
| CEO | Torben Lægsgaard Sørensen | ||
| Owner (100%) | TOI ApS | Current | |
| Owner (50%) | HANS BALLE HOLDING ApS | ||
| Owner (50%) | TOI ApS | ||
| Owner (33%) | HANS BALLE HOLDING ApS | ||
| Owner (33%) | TORBEN SØRENSEN INVEST ApS | ||
| Owner (33%) | TOI ApS | ||
| Owner (50%) | TORBEN SØRENSEN INVEST ApS | ||
| Owner (50%) | TOI ApS | ||
| Auditor | CKF Revision ApS Godkendt revisionsfirma | Current | |
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | ND Revision Vojens ApS | ||
| Founder | HANS BALLE HOLDING ApS | Current | |
| Founder | TOI ApS | Current |
The CEOs' other companies
Martin Rimmen Olesen – 5 other companies
- HYDRALOAD ApS Active
- MA Equipment ApS Active
- RG Teknik ApS Active
- SELSKABET AF 30.03.2012 ApS Compulsorily dissolved
- TOI ApS Active
Hans Balle Christensen – 8 other companies
- BALLE INNOVATION ApS Opløst
- BL EJENDOMSINVEST ApS Opløst
- Danrehab A/S Active
- GULDMANN PRODUCTION A/S Fusioneret
- HANS BALLE ApS Opløst
- HANS BALLE HOLDING ApS Active
- Motion by Balle ApS Fusioneret
- REAC A/S Opløst
Torben Lægsgaard Sørensen – 13 other companies, of which 1 bankrupt
- Thorsager Murerforretning Aps Bankrupt 9 Mar 2023
- KT EJENDOMME ApS Active
- KT develop ApS Opløst
- MANIGU ApS Opløst
- MATERIELHUSET A/S Active
- Motion by Balle ApS Fusioneret
- OBTON SOLENERGI AZUR KOMPLEMENTARANPARTSSELSKAB Active
- P-M Group ApS Active
- PREMIER TOOLS APS Active
- PROFIL VÆRKTØJ A/S Active
- REAC A/S Opløst
- TORBEN SØRENSEN INVEST ApS Active
- Zpey ApS Active
Address history (2 moves)
| Cedervej 2C, 7400 Herning | |
| Teglvænget 143B, 7400 Herning | |
| Verdisvej 8, 7400 Herning |
Employees per year
Other companies at the same address
- MAX CNC ApS Bankrupt
- VITAL ENERGI ApS Bankrupt
- Kristoffer B. Nielsen Holding ApS Active
- Lystek ApS Active
- PKV HOLDING AF 1992 ApS Compulsorily dissolved
- RG Teknik ApS Active
- THORN BYG ApS Opløst
- TOI ApS Active
Similar companies in Herning
- Dalens Olie ApS Vildbjerg
- BMDP-1 ApS Herning
- Steel Boxen ApS Vildbjerg
- M-METAL ApS Sunds
- STEELHOUSE A/S Herning
- SKILTEGÅRDEN HERNING A/S Herning
- TILA ApS Herning
- BOGH SKILTE A/S Herning
- Brdr. Markussens Metalvarefabrik A/S Vildbjerg
- HERNING PENGESKABSFABRIK A/S Herning
- BIRK STÅL A/S Herning
- HVM A/S Sunds
Questions and answers about BALLE INNOVATION ApS
Has BALLE INNOVATION ApS gone bankrupt?
No, BALLE INNOVATION ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of BALLE INNOVATION 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 BALLE INNOVATION ApS?
Martin Rimmen Olesen is the CEO of BALLE INNOVATION ApS.
Who is the auditor of BALLE INNOVATION ApS?
BALLE INNOVATION ApS most recently used CKF Revision ApS Godkendt revisionsfirma.
When was BALLE INNOVATION ApS founded?
BALLE INNOVATION ApS was founded on 11 March 2013.
What is the equity of BALLE INNOVATION ApS?
Equity was DKK 2.5m 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.