BALTIC FOOD ApS — Credit Rating and Financial Key Figures

BALTIC FOOD ApS (CVR number: 11800149K) is a company from AARHUS. The company reported a net sales of 125.6 mDKK in 2023, demonstrating a decline of -66.5 % compared to the previous year. The operating profit percentage was at 1.9 % (EBIT: 2.4 mDKK), while net earnings were 1872 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 29.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BALTIC FOOD ApS's liquidity measured by quick ratio was 3.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.