BAARSØE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BAARSØE HOLDING ApS
BAARSØE HOLDING ApS (CVR number: 30082095) is a company from ESBJERG. The company recorded a gross profit of -92.5 kDKK in 2024. The operating profit was -92.5 kDKK, while net earnings were 2093.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.2 %, which can be considered excellent and Return on Equity (ROE) was 25.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.4 %, 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. BAARSØE HOLDING ApS's liquidity measured by quick ratio was 3.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -12.75 | -4.13 | - 275.60 | - 194.69 | -92.50 |
| EBIT | -12.75 | -4.13 | - 275.60 | - 194.69 | -92.50 |
| Net earnings | - 108.01 | 1 809.48 | 145.33 | 2 629.03 | 2 093.13 |
| Shareholders equity total | 2 630.05 | 4 439.54 | 4 584.87 | 7 213.89 | 9 307.02 |
| Balance sheet total (assets) | 5 650.90 | 7 054.09 | 7 629.44 | 9 803.34 | 11 868.75 |
| Net debt | 2 004.42 | 2 023.21 | 468.90 | 445.75 | 432.00 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -0.5 % | 29.8 % | 3.2 % | 32.6 % | 20.2 % |
| ROE | -4.0 % | 51.2 % | 3.2 % | 44.6 % | 25.3 % |
| ROI | -0.5 % | 40.7 % | 4.0 % | 43.6 % | 24.9 % |
| Economic value added (EVA) | - 266.33 | - 269.06 | - 613.92 | - 461.79 | - 480.25 |
| Solvency | |||||
| Equity ratio | 46.5 % | 62.9 % | 60.1 % | 73.6 % | 78.4 % |
| Gearing | 77.6 % | 46.6 % | 11.0 % | 7.0 % | 5.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.9 | 0.6 | 1.2 | 2.2 | 3.1 |
| Current ratio | 0.9 | 0.6 | 1.2 | 2.2 | 3.1 |
| Cash and cash equivalents | 37.72 | 44.96 | 36.60 | 56.70 | 73.18 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | BBB | BBB | A |
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