Baltech ApS — Credit Rating and Financial Key Figures

CVR number: 39988321
Provstevej 2 A, 2400 København NV
info@baltech.dk
www.baltech.dk

Credit rating

Company information

Official name
Baltech ApS
Personnel
8 persons
Established
2018
Company form
Private limited company
Industry

About Baltech ApS

Baltech ApS (CVR number: 39988321) is a company from KØBENHAVN. The company recorded a gross profit of 9431.6 kDKK in 2023. The operating profit was 5333.3 kDKK, while net earnings were 4171.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 91.4 %, which can be considered excellent and Return on Equity (ROE) was 104 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.3 %, 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. Baltech ApS's liquidity measured by quick ratio was 6.9 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.

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 profit3 539.004 315.0010 088.007 361.009 431.65
EBIT1 934.002 002.006 119.003 871.005 333.30
Net earnings1 502.001 552.004 749.003 065.004 171.56
Shareholders equity total1 559.001 611.004 809.003 174.004 846.40
Balance sheet total (assets)2 584.003 022.007 697.004 631.007 096.01
Net debt-1 646.00-1 162.00-5 820.00-2 489.00-4 201.69
Profitability
EBIT-%
ROA111.7 %71.6 %114.3 %64.1 %91.4 %
ROE142.0 %97.9 %147.9 %76.8 %104.0 %
ROI174.9 %118.4 %186.2 %98.0 %132.8 %
Economic value added (EVA)1 496.241 560.264 736.553 060.604 119.16
Solvency
Equity ratio60.3 %53.3 %62.5 %68.5 %68.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio5.23.65.08.66.9
Current ratio5.23.65.08.66.9
Cash and cash equivalents1 646.001 162.005 820.002 489.004 201.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:91.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.3%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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