Baltic Propco 2 (Denmark) ApS — Credit Rating and Financial Key Figures

CVR number: 33267991
Østbanegade 123, 2100 København Ø

Company information

Official name
Baltic Propco 2 (Denmark) ApS
Established
2010
Company form
Private limited company
Industry

About Baltic Propco 2 (Denmark) ApS

Baltic Propco 2 (Denmark) ApS (CVR number: 33267991) is a company from KØBENHAVN. The company recorded a gross profit of 10.5 mDKK in 2024. The operating profit was 488 kDKK, while net earnings were -2300.8 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 -5.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 19.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Baltic Propco 2 (Denmark) ApS'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit10 551.2510 561.4510 377.7110 780.5110 503.98
EBIT4 975.6620 254.05-28 913.1934 614.44487.98
Net earnings1 973.0714 649.64-24 183.5224 638.98-2 300.83
Shareholders equity total83 496.4854 959.9120 776.3845 415.3743 114.53
Balance sheet total (assets)235 854.95238 463.50205 312.34234 804.48219 819.37
Net debt116 534.09143 560.83153 316.41145 125.55139 573.09
Profitability
EBIT-%
ROA2.3 %8.8 %-13.0 %15.7 %0.2 %
ROE2.4 %21.2 %-63.9 %74.4 %-5.2 %
ROI2.4 %8.9 %-13.2 %15.9 %0.2 %
Economic value added (EVA)-1 025.9411 595.74-25 149.4425 993.10-1 488.77
Solvency
Equity ratio35.4 %23.0 %10.1 %19.3 %19.6 %
Gearing142.1 %267.5 %746.4 %337.4 %330.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.30.71.61.5
Current ratio0.71.30.71.61.5
Cash and cash equivalents2 105.753 466.011 760.258 089.603 016.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBAA

Variable visualization

ROA:0.23%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.6%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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