Bait A/S — Credit Rating and Financial Key Figures

CVR number: 25040724
Bygmestervej 6, 2400 København NV
bait@bait.as
tel: 35367517
www.bait.as

Credit rating

Company information

Official name
Bait A/S
Personnel
10 persons
Established
1999
Company form
Limited company
Industry

About Bait A/S

Bait A/S (CVR number: 25040724) is a company from KØBENHAVN. The company recorded a gross profit of 12.9 mDKK in 2024. The operating profit was 7597.8 kDKK, while net earnings were 5970.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.5 %, which can be considered excellent and Return on Equity (ROE) was 87.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Bait A/S's liquidity measured by quick ratio was 2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit8 099.003 501.003 408.0012 980.0012 851.00
EBIT4 726.00456.00164.007 972.007 597.81
Net earnings3 374.00170.0016.005 930.005 970.75
Shareholders equity total3 874.00670.00686.006 616.006 986.56
Balance sheet total (assets)30 457.0015 024.009 397.0017 809.0013 971.72
Net debt-2 359.001 892.00790.00-4 497.00-2 337.00
Profitability
EBIT-%
ROA25.9 %2.0 %1.5 %59.3 %48.5 %
ROE99.5 %7.5 %2.4 %162.4 %87.8 %
ROI120.9 %8.7 %3.3 %141.1 %112.8 %
Economic value added (EVA)3 500.17149.90- 197.525 906.725 586.94
Solvency
Equity ratio12.7 %4.5 %7.3 %40.0 %50.0 %
Gearing0.7 %832.2 %574.9 %0.6 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.01.11.82.0
Current ratio1.21.01.11.62.0
Cash and cash equivalents2 387.003 684.003 154.004 536.002 367.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:48.5%
Rating: 94/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.0%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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