BALTIC FARMS A/S — Credit Rating and Financial Key Figures

CVR number: 26893291
Nøjsomhedsvej 35, 4900 Nakskov

Credit rating

Company information

Official name
BALTIC FARMS A/S
Established
2002
Company form
Limited company
Industry

About BALTIC FARMS A/S

BALTIC FARMS A/S (CVR number: 26893291) is a company from LOLLAND. The company recorded a gross profit of -58.3 kDKK in 2024. The operating profit was -58.3 kDKK, while net earnings were -4448.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.8 %, which can be considered poor and Return on Equity (ROE) was -21.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.1 %, 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. BALTIC FARMS A/S's liquidity measured by quick ratio was 1.5 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 profit-28.62-37.99-70.15-83.36-58.32
EBIT-28.62-37.99-70.15-83.36-58.32
Net earnings1 658.35-4 934.53-1 255.57- 293.43-4 448.79
Shareholders equity total29 737.1824 802.6523 547.0823 253.6518 804.86
Balance sheet total (assets)31 108.3626 410.1425 185.6924 943.3427 207.14
Net debt357.24585.36114.301 001.744 485.99
Profitability
EBIT-%
ROA7.2 %-17.0 %-4.6 %-0.9 %-15.8 %
ROE5.7 %-18.1 %-5.2 %-1.3 %-21.2 %
ROI7.4 %-17.5 %-4.8 %-0.9 %-16.8 %
Economic value added (EVA)-1 466.68-1 560.27-1 355.39-1 306.09-1 302.47
Solvency
Equity ratio95.6 %93.9 %93.5 %93.2 %69.1 %
Gearing1.2 %2.4 %2.5 %5.7 %27.0 %
Relative net indebtedness %
Liquidity
Quick ratio5.94.24.24.11.5
Current ratio5.94.24.24.11.5
Cash and cash equivalents10.85482.52315.03590.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBABBB

Variable visualization

ROA:-15.8%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.1%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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