BAAN TECH ApS

BAAN TECH ApS (CVR number: 29769982) is a company from NYBORG. The company recorded a gross profit of 116.8 kDKK in 2023. The operating profit was 82.8 kDKK, while net earnings were 82.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.7 %, which can be considered good but Return on Equity (ROE) was 28.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -39.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. BAAN TECH ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.