This time was 31 seconds below the then-current world record and it would stand unbeaten as the fastest 10,000 m time for twenty years, until Hjalmar Andersen set his famous world record of 16:32.6. In December 1932 it was announced that he became professional. Ballangrud was born as Ivar Eriksen. His mother changed his last name when she remarried following her husband's death. In retirement Ballangrud worked at his sporting good store in Drammen, and later in Trondheim. A statue in his honor was raised in his native Jevnaker. Over the course of his career, Ballangrud skated five world records:  Source: SpeedSkatingStats.com  To put these personal records in perspective, the "Notes" column lists the official world records on the dates that Ballangrud skated his personal records. Source: EvertStenlund.se  Note that Ballangrud's personal record on the 1500 m was not a world record because Hans Engnestangen skated 2:13.8 at the same tournament. Ballangrud has an Adelskalender score of 188.806 points. He was number one on the Adelskalender for a total of 3,675 days, divided over two periods between 1930 and 1942. An overview of medals won by Ballangrud at important championships he participated in, listing the years in which he won each: Source: SpeedSkatingStats.com & Skoyteforbundet.no