Balder Bastionen ApS — Credit Rating and Financial Key Figures

Balder Bastionen ApS (CVR number: 37349283) is a company from KØBENHAVN. The company recorded a gross profit of 29.8 mDKK in 2023. The operating profit was -66.1 mDKK, while net earnings were -54 mDKK. The profitability of the company measured by Return on Assets (ROA) was -6.1 %, which can be considered poor and Return on Equity (ROE) was -14.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.6 %, 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. Balder Bastionen ApS's liquidity measured by quick ratio was 2.9 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.