Baldo Acquisition ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Baldo Acquisition ApS
Baldo Acquisition ApS (CVR number: 38640569) is a company from HORSENS. The company reported a net sales of 8.3 mDKK in 2023, demonstrating a decline of -14.3 % compared to the previous year. The operating profit percentage was at 9.8 % (EBIT: 0.8 mDKK), while net earnings were -4097 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -1.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.8 %, 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. Baldo Acquisition ApS's liquidity measured by quick ratio was 1.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 10 670.00 | 8 479.00 | 6 943.00 | 9 691.00 | 8 310.00 |
Gross profit | 8 833.00 | 7 194.00 | 5 879.00 | 6 770.00 | 6 421.00 |
EBIT | 944.00 | 889.00 | 587.00 | 902.00 | 813.00 |
Net earnings | 17 707.00 | 17 967.00 | 18 591.00 | -2 757.00 | -4 097.00 |
Shareholders equity total | 182 380.00 | 200 344.00 | 218 935.00 | 216 178.00 | 235 231.00 |
Balance sheet total (assets) | 304 445.00 | 305 587.00 | 307 586.00 | 302 276.00 | 318 783.00 |
Net debt | 119 763.00 | 102 077.00 | 84 418.00 | 81 742.00 | 78 316.00 |
Profitability | |||||
EBIT-% | 8.8 % | 10.5 % | 8.5 % | 9.3 % | 9.8 % |
ROA | 7.0 % | 7.0 % | 6.9 % | 0.3 % | 0.3 % |
ROE | 10.2 % | 9.4 % | 8.9 % | -1.3 % | -1.8 % |
ROI | 7.1 % | 7.1 % | 7.0 % | 0.3 % | 0.3 % |
Economic value added (EVA) | 7 994.63 | 7 942.28 | 7 670.21 | 7 430.85 | 1 426.06 |
Solvency | |||||
Equity ratio | 59.9 % | 65.6 % | 71.2 % | 71.5 % | 73.8 % |
Gearing | 65.7 % | 51.0 % | 38.6 % | 37.8 % | 33.3 % |
Relative net indebtedness % | 1143.3 % | 1240.3 % | 1276.0 % | 887.9 % | 1004.5 % |
Liquidity | |||||
Quick ratio | 0.4 | 0.5 | 0.8 | 0.3 | 1.8 |
Current ratio | 0.4 | 0.5 | 0.8 | 0.3 | 1.8 |
Cash and cash equivalents | 71.00 | 78.00 | 57.00 | 53.00 | 78.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -108.4 % | -131.3 % | -37.3 % | -164.9 % | 120.1 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AA | AA |
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