Baltex Health & Beauty ApS — Credit Rating and Financial Key Figures

Baltex Health & Beauty ApS (CVR number: 41059281) is a company from SILKEBORG. The company recorded a gross profit of -165.8 kDKK in 2022. The operating profit was -165.8 kDKK, while net earnings were -136.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -37 %, which can be considered poor and Return on Equity (ROE) was -144.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.2 %, 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. Baltex Health & Beauty ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.