balticfinance Danmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About balticfinance Danmark A/S
balticfinance Danmark A/S (CVR number: 27959954) is a company from KØBENHAVN. The company recorded a gross profit of 94.8 mDKK in 2024. The operating profit was 56.3 mDKK, while net earnings were 27.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.7 %, which can be considered excellent and Return on Equity (ROE) was 32.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. balticfinance Danmark A/S's liquidity measured by quick ratio was 1.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 9 862.00 | 44 799.00 | 51 549.00 | 78 368.00 | 94 823.24 |
EBIT | 8 874.00 | 39 938.00 | 41 433.00 | 61 775.00 | 56 341.97 |
Net earnings | 4 918.00 | 32 336.00 | 34 731.00 | 49 072.00 | 27 803.33 |
Shareholders equity total | 16 760.00 | 31 897.00 | 46 627.00 | 56 117.69 | 115 761.85 |
Balance sheet total (assets) | 22 219.00 | 45 004.00 | 166 136.00 | 217 853.00 | 334 398.76 |
Net debt | -5 829.00 | -25 663.00 | -33 253.00 | -62 249.00 | -65 397.26 |
Profitability | |||||
EBIT-% | |||||
ROA | 36.1 % | 123.0 % | 42.2 % | 34.8 % | 18.7 % |
ROE | 34.4 % | 132.9 % | 88.5 % | 95.5 % | 32.4 % |
ROI | 42.1 % | 156.5 % | 61.3 % | 60.4 % | 40.7 % |
Economic value added (EVA) | 6 177.05 | 30 192.81 | 30 506.45 | 43 950.74 | 38 069.44 |
Solvency | |||||
Equity ratio | 75.4 % | 70.9 % | 37.8 % | 38.7 % | 36.4 % |
Gearing | 6.5 % | 4.9 % | 36.6 % | 19.7 % | 24.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.9 | 12.4 | 4.5 | 4.6 | 1.5 |
Current ratio | 9.9 | 12.4 | 1.4 | 1.4 | 0.9 |
Cash and cash equivalents | 6 919.00 | 27 218.00 | 50 302.00 | 73 317.00 | 94 062.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | BBB | A |
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