balticfinance Danmark A/S — Credit Rating and Financial Key Figures

CVR number: 27959954
Dronning Olgas Vej 26 A, 2000 Frederiksberg
info@balticfinance.com
tel: 70250109

Company information

Official name
balticfinance Danmark A/S
Established
2004
Company form
Limited company
Industry

About balticfinance Danmark A/S

balticfinance Danmark A/S (CVR number: 27959954) is a company from FREDERIKSBERG. The company recorded a gross profit of 51.5 mDKK in 2022. The operating profit was 41.4 mDKK, while net earnings were 34.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 52.9 %, which can be considered excellent and Return on Equity (ROE) was 88.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.8 %, 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 2.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit1 486.002 284.009 862.0044 799.0051 549.15
EBIT627.001 086.008 874.0039 938.0041 432.92
Net earnings688.001 461.004 918.0032 336.0034 730.52
Shareholders equity total10 381.0011 842.0016 760.0031 896.6046 627.12
Balance sheet total (assets)20 047.0017 087.0022 219.0045 004.00123 379.93
Net debt-4 026.0033.00-5 829.00-25 663.009 501.09
Profitability
EBIT-%
ROA5.4 %10.0 %36.1 %123.0 %52.9 %
ROE6.9 %13.1 %34.4 %132.9 %88.5 %
ROI8.1 %13.2 %42.1 %156.5 %61.3 %
Economic value added (EVA)333.82751.296 560.3630 849.2732 195.97
Solvency
Equity ratio51.8 %69.3 %75.4 %70.9 %37.8 %
Gearing12.1 %10.5 %6.5 %4.9 %36.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.42.29.912.42.4
Current ratio2.03.69.912.42.4
Cash and cash equivalents5 278.001 216.006 919.0027 218.007 547.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:52.9%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.8%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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