BALTIC FOOD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BALTIC FOOD ApS
BALTIC FOOD ApS (CVR number: 11800149) is a company from AARHUS. The company recorded a gross profit of -241.3 kDKK in 2024. The operating profit was -241.3 kDKK, while net earnings were -19.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.1 %, 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | 1 229.00 | ||
Gross profit | 771.00 | - 373.49 | - 241.27 |
EBIT | 365.00 | - 373.49 | - 241.27 |
Net earnings | 325.00 | 1 543.46 | -19.12 |
Shareholders equity total | 5 577.00 | 7 147.60 | 7 087.01 |
Balance sheet total (assets) | 8 397.00 | 9 949.12 | 9 317.75 |
Net debt | 1 911.00 | 2 131.54 | 2 134.84 |
Profitability | |||
EBIT-% | 29.7 % | ||
ROA | 10.2 % | 17.8 % | 0.2 % |
ROE | 5.8 % | 24.3 % | -0.3 % |
ROI | 10.3 % | 18.0 % | 0.2 % |
Economic value added (EVA) | 259.15 | - 776.58 | - 666.15 |
Solvency | |||
Equity ratio | 66.4 % | 71.8 % | 76.1 % |
Gearing | 48.9 % | 37.2 % | 31.1 % |
Relative net indebtedness % | 163.0 % | ||
Liquidity | |||
Quick ratio | 0.4 | 0.2 | 3.1 |
Current ratio | 0.4 | 0.2 | 3.1 |
Cash and cash equivalents | 817.00 | 526.73 | 70.45 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | -138.7 % | ||
Credit risk | |||
Credit rating | A | BBB | BBB |
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