Owners, management and financials
CVR: 29686068
DKK 1,893,309
Gross profit
Net result: DKK 993,179
Morten Elgaard Balle (100%)
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Morten Elgaard Balle
CVR · view management
Active
Founded 10 July 2006
CVR · view overview
1 employee
Annual report 2025 · average
Name registered: ELGAARD BALLE HOLDING ApS
CVR · 10/07/2006
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ELGAARD BALLE HOLDING ApS is a Danish company of the type Anpartsselskab based in Hinnerup, founded in 2006. The company is registered under the industry Udlejning og leasing af landbrugsmaskiner og -udstyr. The management consists of Morten Elgaard Balle. The company is owned by Morten Elgaard Balle. According to the 2025 annual report, the company had an average of 1 employee. In 2025, the company reported a gross profit of DKK 1,893,309 and a net result of DKK 993,179 compared with DKK -505,647 the year before. Equity in the 2025 report amounted to DKK 2,026,587.
Source: annual report 2025, Danish Business Authority
The financial health of ELGAARD BALLE HOLDING ApS shows a recovering trend in profitability, with a notable gross profit increase from 247,482 DKK in 2023 to 1,893,309 DKK in 2025, alongside a return to profitability with a profit of 993,179 DKK in 2025. Despite fluctuations in profit over the years, the company has improved its equity position significantly, rising from 1,033,408 DKK in 2024 to 2,026,587 DKK in 2025. However, the absence of disclosed revenue figures raises concerns about transparency and overall revenue generation. Positioned in the agricultural equipment rental and leasing sector, the company appears to be stabilizing, but its future trajectory will depend on sustained profitability and revenue growth.
AI-generated summary · Generated 14/08/2026
Selskabets formål er køb og salg af aktier og anparter i andre selskaber, investering i øvrige værdipapirer, investering i ejendomme, maskinudlejning samt anden efter direktionens skøn hermed beslægtet virksomhed.
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 1.9 mio. | 993 t. | 3.5 mio. | 2 mio. | 1 | |
| 202401/01/2024 – 31/12/2024 | 1.6 mio. | -506 t. | 2.5 mio. | 1 mio. | 2 | |
| 202301/01/2023 – 31/12/2023 | 247 t. | 315 t. | 2.5 mio. | 1.5 mio. | - | |
| 202201/01/2022 – 31/12/2022 | 104 t. | -551 t. | 2.4 mio. | 1.2 mio. | - | |
| 202101/01/2021 – 31/12/2021 | 227 t. | 460 t. | 2.1 mio. | 1.8 mio. | - | |
| 202001/01/2020 – 31/12/2020 | 143 t. | 150 t. | 1.8 mio. | 1.3 mio. | - | |
| 201901/01/2019 – 31/12/2019 | 229 t. | 199 t. | 1.9 mio. | 1.2 mio. | - | |
| 201801/01/2018 – 31/12/2018 | 152 t. | 181 t. | 2.2 mio. | 965 t. | - | |
| 201701/01/2017 – 31/12/2017 | 109 t. | 309 t. | 2 mio. | 890 t. | - | |
| 201601/01/2016 – 31/12/2016 | 396 t. | 539 t. | 2.2 mio. | 684 t. | - | |
| 201501/01/2015 – 31/12/2015 | 291 t. | 513 t. | 2.2 mio. | 146 t. | - | |
| 201401/01/2014 – 31/12/2014 | 550 t. | -1.3 mio. | 1.2 mio. | -367 t. | - | |
| 201301/01/2013 – 31/12/2013 | 228 t. | 370 t. | 2 mio. | 991 t. | - | |
| 201201/01/2012 – 31/12/2012 | 146 t. | -43 t. | 1.7 mio. | 621 t. | - |
Compared to 102 companies in Udlejning og leasing af landbrugsmaskiner og -udstyr
Comparison is based on industry median values
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See the API documentationThe CVR number of ELGAARD BALLE HOLDING ApS is 29686068.
ELGAARD BALLE HOLDING ApS is owned by Morten Elgaard Balle.
The management of ELGAARD BALLE HOLDING ApS consists of Morten Elgaard Balle.
In 2025, ELGAARD BALLE HOLDING ApS reported a gross profit of DKK 1,893,309.
ELGAARD BALLE HOLDING ApS had an average of 1 employee in the 2025 financial year according to the annual report.
ELGAARD BALLE HOLDING ApS was founded on 10 July 2006.
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ELGAARD BALLE HOLDING ApS has published its annual report for 2025. Gross profit came to DKK 1,893,309, and the net result was DKK 993,179.
Contact info changed: new phone: 86297975, new email: [email protected] (April 27, 2026).
ELGAARD BALLE HOLDING ApS has published its annual report for 2024. Gross profit came to DKK 1,551,486, and the net result was DKK -505,647.
As of June 26, 2025, MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of ELGAARD BALLE HOLDING ApS.
ELGAARD BALLE HOLDING ApS has published its annual report for 2023. Gross profit came to DKK 247,482, and the net result was DKK 315,490.
ELGAARD BALLE HOLDING ApS has published its annual report for 2022. Gross profit came to DKK 103,800, and the net result was DKK -550,537.
ELGAARD BALLE HOLDING ApS has published its annual report for 2021. Gross profit came to DKK 227,058, and the net result was DKK 460,289.
As of May 2, 2022, MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of ELGAARD BALLE HOLDING ApS.
ELGAARD BALLE HOLDING ApS has published its annual report for 2020. Gross profit came to DKK 142,705, and the net result was DKK 149,583.
ELGAARD BALLE HOLDING ApS has published its annual report for 2019. Gross profit came to DKK 228,726, and the net result was DKK 199,178.
ELGAARD BALLE HOLDING ApS has published its annual report for 2018. Gross profit came to DKK 152,417, and the net result was DKK 181,086.
ELGAARD BALLE HOLDING ApS has published its annual report for 2017. Gross profit came to DKK 108,725, and the net result was DKK 308,868.
ELGAARD BALLE HOLDING ApS has published its annual report for 2016. Gross profit came to DKK 396,217, and the net result was DKK 538,637.
As of May 1, 2017, Kanul ApS has stepped down as auditor of ELGAARD BALLE HOLDING ApS.
ELGAARD BALLE HOLDING ApS has published its annual report for 2015. Gross profit came to DKK 291,088, and the net result was DKK 512,524.
As of May 10, 2016, Kanul ApS has been appointed auditor of ELGAARD BALLE HOLDING ApS.
As of May 10, 2016, HOLDT REVISION ApS, STATSAUTORISERET REVISOR has stepped down as auditor of ELGAARD BALLE HOLDING ApS.
ELGAARD BALLE HOLDING ApS has published its annual report for 2014. Gross profit came to DKK 550,464, and the net result was DKK -1,259,064.
ELGAARD BALLE HOLDING ApS has published its annual report for 2013. Gross profit came to DKK 228,042, and the net result was DKK 369,940.
ELGAARD BALLE HOLDING ApS has published its annual report for 2012. Gross profit came to DKK 146,268, and the net result was DKK -43,224.
As of May 24, 2010, HOLDT REVISION ApS, STATSAUTORISERET REVISOR has been appointed auditor of ELGAARD BALLE HOLDING ApS.
As of May 24, 2010, Kanul ApS has stepped down as auditor of ELGAARD BALLE HOLDING ApS.
As of July 10, 2006, Kanul ApS has been appointed auditor of ELGAARD BALLE HOLDING ApS.
As of July 10, 2006, Morten Elgaard Balle is registered as director of ELGAARD BALLE HOLDING ApS.
As of July 10, 2006, Morten Elgaard Balle is registered as an owner of ELGAARD BALLE HOLDING ApS with an ownership share of 100%.
ELGAARD BALLE HOLDING ApS was founded on July 10, 2006.
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