New Balance Denmark ApS: Financial statements 2020
CVR: 38009303
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
New Balance Denmark ApS (CVR 38009303) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 19,387,463 and a net result of DKK 3,971,826 compared with DKK 363,044 the year before. That is an increase of 33.6% compared with the year before. Equity in the 2020 report amounted to DKK 1,218,559. The solvency ratio was 6.2%. The company had 18 employees in the financial year.
- Gross Profit
- DKK 19,387,463
- Profit/Loss
- DKK 3,971,826
- Equity
- DKK 1,218,559
- Total Assets
- DKK 19,634,863
- Employees
- 18
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 19.4M | 4M | 1.2M | 18 |
| 2019 | - | 14.5M | 363K | -2.8M | 15 |
| 2018 | - | 11.5M | -897K | -3.1M | 14 |
Official annual report
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New Balance Denmark ApS has published its annual report for 2019. Gross profit came to DKK 14,508,023, and the net result was DKK 363,044.
As of January 16, 2020, Kevin M Doyle is registered as director of New Balance Denmark ApS.
About New Balance Denmark ApS
New Balance Denmark ApS is a Danish company of the type Anpartsselskab based in Aalborg SØ, founded in 2016. The company is registered under the industry Engroshandel med fodtøj. The company was previously named KR 1848 ApS. The management consists of Joseph Eugene Preston, Kevin M Doyle and Paul Richard Gauron. The company is owned by New Balance Intermediate, Inc.. The company has 36 employees (2026). In 2025, the company reported a gross profit of DKK 67,120,548 and a net result of DKK 32,449,112 compared with DKK 16,555,862 the year before. Equity in the 2025 report amounted to DKK 37,592,567.