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

CVR number: 26893291
Nøjsomhedsvej 35, 4900 Nakskov

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 -83.4 kDKK in 2023. The operating profit was -83.4 kDKK, while net earnings were -293.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BALTIC FARMS A/S's liquidity measured by quick ratio was 4.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-39.61-28.62-37.99-70.15-83.36
EBIT-39.61-28.62-37.99-70.15-83.36
Net earnings3 640.461 658.35-4 934.53-1 255.57- 293.43
Shareholders equity total28 078.8329 737.1824 802.6523 547.0823 253.65
Balance sheet total (assets)29 410.8631 108.3626 410.1425 185.6924 943.34
Net debt310.18357.24585.36114.30293.13
Profitability
EBIT-%
ROA13.3 %7.2 %-17.0 %-4.6 %-0.9 %
ROE13.9 %5.7 %-18.1 %-5.2 %-1.3 %
ROI13.5 %7.4 %-17.5 %-4.8 %-0.9 %
Economic value added (EVA)- 595.24- 723.56- 319.35- 290.11- 279.16
Solvency
Equity ratio95.5 %95.6 %93.9 %93.5 %93.2 %
Gearing1.2 %1.2 %2.4 %2.5 %2.6 %
Relative net indebtedness %
Liquidity
Quick ratio13.35.94.24.24.1
Current ratio13.35.94.24.24.1
Cash and cash equivalents40.3910.85482.52315.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBBAA

Variable visualization

ROA:-0.91%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.2%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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