Baaring Gruppen ApS — Credit Rating and Financial Key Figures

CVR number: 38876767
Kystvejen 11, Baaring Mark 5466 Asperup

Company information

Official name
Baaring Gruppen ApS
Established
2017
Domicile
Baaring Mark
Company form
Private limited company
Industry

About Baaring Gruppen ApS

Baaring Gruppen ApS (CVR number: 38876767) is a company from MIDDELFART. The company recorded a gross profit of 780.7 kDKK in 2023. The operating profit was 648.1 kDKK, while net earnings were 1032.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent and Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 95.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Baaring Gruppen ApS's liquidity measured by quick ratio was 16.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit459.71-31.65197.74567.37780.74
EBIT358.38- 177.2380.60330.70648.06
Net earnings326.9942.35- 132.94751.181 032.93
Shareholders equity total17 305.5517 237.0916 991.1517 627.9318 543.07
Balance sheet total (assets)17 636.9317 460.5117 320.0118 332.8419 483.92
Net debt-3 906.38-2 912.53-3 236.82-3 466.47-4 208.02
Profitability
EBIT-%
ROA2.6 %0.7 %-0.1 %5.6 %6.6 %
ROE1.9 %0.2 %-0.8 %4.3 %5.7 %
ROI2.6 %0.7 %-0.1 %5.7 %6.9 %
Economic value added (EVA)- 301.21- 731.53- 576.71- 377.29- 134.67
Solvency
Equity ratio98.1 %98.7 %98.1 %96.2 %95.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio33.355.641.720.016.3
Current ratio33.355.641.720.016.3
Cash and cash equivalents3 906.382 912.533 236.823 466.474 208.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.64%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.2%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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