IB BALSCHMIDT ApS

APSIn liquidation

CVR 31280710Ordrupvej 64, 2920 CharlottenlundRetail sale of footwear and leather goods· NACE 4772Est. 1976 · 50 years old1 employees

Overview

IB BALSCHMIDT ApS is a Danish APS based in Charlottenlund, operating in the Retail sale of footwear and leather goods sector. Incorporated in 1976, the company has 1 employee and reported a gross profit of DKK 258.1k in its latest annual filing.

Gross profit 2016

0.3M DKK

−58% vs 2015

EBITDA margin (of gross profit)

−157.0 %

−808% vs 2015

Net profit 2016

-0.9M DKK

-1282% vs 2015

Key ratios

See full ratios →

95.1 %

Very strong

Among the 10% highest rated companies in the industry

20122016

19.6×

Very strong

Among the 10% highest rated companies in the industry

20122016

-13.1 %

Very weak

Among the 20% lowest rated companies in the industry

20122016

EBITDA — year on year

DKK thousands

Key figures

Annual report 2016

Gross profit	0.3M DKK	-58%
EBITDA	-0.4M DKK	-808%
Net profit	-0.9M DKK	-1282%
Total assets	6.9M DKK	-14%
Equity	6.5M DKK	-12%
Employees	1	—

Financial development

In its most recent annual report (2016), IB BALSCHMIDT ApS reported a gross profit of DKK 258.1k, a decrease of 58% on the year before. The figures on this page draw on 5 annual filings covering 2012 to 2016. The bottom line showed a net loss of DKK 902.7k, and the EBITDA margin stood at -157%.

At the end of 2016, equity financed 95.1% of the balance sheet, and current assets covered short-term debt 19.6 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2016	2015	2014	2013	2012
Gross profit	258	620	669	912	1,047
Staff expenses	-663	-664	-699	-961	-1,498
EBITDA	-405	-45	-29	-49	-451
Depreciation & amort.	-67	-56	-3	-76	-76
EBIT	-473	-100	-33	-125	-527
Net financials	-267	209	-180	368	191
Profit before tax	-740	100	-212	243	-336
Tax	163	24	-47	63	-87
Net profit	-903	76	-165	180	-249

Get a credit rating – not just the numbers

Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.

See the credit rating

Balance sheet

DKK thousands

Item	2016	2015	2014	2013	2012
Total assets	6,868	7,993	7,858	8,282	8,262
Equity	6,529	7,431	7,405	7,619	7,487
Long-term debt	0	0	0	0	0
Short-term debt	339	561	453	663	775
Total debt	339	561	453	663	775

Financial ratios

5-year trend

EBITDA margin (of gross profit)

-157.0 %

20122016

Equity ratio

95.1 %

Very strong

Among the 10% highest rated companies in the industry

20122016

Return on equity

-13.8 %

Very weak

Among the 20% lowest rated companies in the industry

20122016

Net profit margin (of gross profit)

-349.8 %

20122016

Asset turnover (of gross profit)

0.04×

20122016

Debt / equity

0.05×

Very strong

Among the 10% highest rated companies in the industry

20122016

Sector performance

23 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Very weak

Among the 20% lowest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very weak

Among the 20% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very weak

Among the 20% lowest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Weak

Among the 30% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery weak

Among the 20% lowest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Liquidity

Current ratioVery strong

Among the 10% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery strong

Among the 10% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery strong

Among the 10% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityVery strong

Among the 20% highest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalStrong

Among the 40% highest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery weak

Among the 20% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioVery strong

Among the 10% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioVery strong

Among the 10% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery strong

Among the 10% highest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery strong

Among the 10% highest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery weak

Among the 10% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery weak

Among the 10% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageWeak

Among the 30% lowest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtVery weak

Among the 10% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery weak

Among the 20% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalVery strong

Among the 20% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityWeak

Among the 30% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery strong

Among the 20% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2016
Filed via CVR / Virk · Period 2015-04-01 – 2016-03-31
View PDF
Annual report 2015
Filed via CVR / Virk · Period 2014-04-01 – 2015-03-31
View PDF
Annual report 2014
Filed via CVR / Virk · Period 2013-04-01 – 2014-03-31
View PDF
Annual report 2013
Filed via CVR / Virk · Period 2012-04-01 – 2013-03-31
View PDF
Annual report 2012
Filed via CVR / Virk · Period 2011-04-01 – 2012-03-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (3)


SM Svend Midtgaard Madsen Audit	Audit	1976 – 1989
CB Charlotte Balschmidt Management	Management	2016 – 2016
IE Ib Ejler Balschmidt Management	Management	1976 – 2016

Board of directors

Non-executive oversight

Name	Role	Member since

Former (4)


CI Connie Inge Balschmidt Board of Directors	Board of Directors	1976 – 1991
IE Ib Ejler Balschmidt Board of Directors	Board of Directors	1976 – 1993
MH Mari Hayes Board of Directors	Board of Directors	1976 – 1993
JR Jan Ranners Board of Directors	Board of Directors	1976 – 1993

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Ib Ejler Balschmidt	Individual	100%	100%	1976

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

One in three Danish companies experiences fraud

Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.

See the fraud module

Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of IB BALSCHMIDT ApS also hold positions in 15 other companies.

Person	Role here	Other companies
Jan Ranners	Board of Directors	15 companiesMany roles

Frequently asked questions

What is the CVR number of IB BALSCHMIDT ApS?

IB BALSCHMIDT ApS is registered with CVR / Virk under CVR 31280710.

What is the gross profit of IB BALSCHMIDT ApS?

IB BALSCHMIDT ApS reported a gross profit of DKK 258.1k in 2016.

How many employees does IB BALSCHMIDT ApS have?

IB BALSCHMIDT ApS employs 1 people as of the latest annual report.

Where is IB BALSCHMIDT ApS headquartered?

IB BALSCHMIDT ApS's registered address is Ordrupvej 64.