BALTNAV A/S — Credit Rating and Financial Key Figures

BALTNAV A/S (CVR number: 33394241) is a company from GENTOFTE. The company recorded a gross profit of 2498.7 kUSD in 2023. The operating profit was 147.5 kUSD, while net earnings were 373.4 kUSD. The profitability of the company measured by Return on Assets (ROA) was 30.8 %, which can be considered excellent and Return on Equity (ROE) was 36.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.4 %, 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. BALTNAV A/S's liquidity measured by quick ratio was 1.9 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.