Bait A/S — Credit Rating and Financial Key Figures

Bait A/S (CVR number: 25040724) is a company from KØBENHAVN. The company recorded a gross profit of 12.9 mDKK in 2023. The operating profit was 7971.9 kDKK, while net earnings were 5929.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 59.3 %, which can be considered excellent and Return on Equity (ROE) was 162.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Bait A/S's liquidity measured by quick ratio was 1.6 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.