Flemming Baltzer Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40039791
Ildervej 12, 8270 Højbjerg
flemming@spartalog.com
tel: 60172550

Credit rating

Company information

Official name
Flemming Baltzer Holding ApS
Established
2018
Company form
Private limited company
Industry

About Flemming Baltzer Holding ApS

Flemming Baltzer Holding ApS (CVR number: 40039791) is a company from AARHUS. The company recorded a gross profit of -2.2 kDKK in 2023. The operating profit was -115.3 kDKK, while net earnings were -36.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak but Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Flemming Baltzer Holding ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit-35.99-28.01-18.5916.24-2.21
EBIT-35.99-45.9757.5816.24- 115.27
Net earnings777.68941.12924.48756.65-36.26
Shareholders equity total827.681 658.202 162.674 308.334 154.28
Balance sheet total (assets)841.431 790.692 295.026 315.444 776.57
Net debt-3.26- 739.83-52.721 221.68- 614.35
Profitability
EBIT-%
ROA92.4 %72.2 %45.5 %22.5 %1.3 %
ROE94.0 %75.7 %48.4 %23.4 %-0.9 %
ROI94.0 %76.5 %48.6 %25.1 %1.5 %
Economic value added (EVA)-35.99-4.39115.819.41-60.15
Solvency
Equity ratio98.4 %92.6 %94.2 %68.2 %87.0 %
Gearing0.2 %28.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.25.60.40.01.0
Current ratio0.25.60.40.01.0
Cash and cash equivalents3.26739.8357.768.38614.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:1.30%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.0%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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