BAKER HUGHES DENMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BAKER HUGHES DENMARK ApS
BAKER HUGHES DENMARK ApS (CVR number: 18064898) is a company from KØBENHAVN. The company reported a net sales of 128.2 mDKK in 2024, demonstrating a decline of -0.7 % compared to the previous year. The operating profit percentage was at 21 % (EBIT: 26.9 mDKK), while net earnings were 22.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19 %, which can be considered excellent and Return on Equity (ROE) was 56.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.3 %, 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. BAKER HUGHES DENMARK ApS's liquidity measured by quick ratio was 1.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 75.27 | 73.77 | 52.65 | 129.11 | 128.22 |
Gross profit | -90.79 | -85.01 | 26.02 | 56.99 | 37.34 |
EBIT | - 110.42 | -94.72 | 16.58 | 50.53 | 26.89 |
Net earnings | - 147.35 | - 105.70 | -3.66 | 44.83 | 22.24 |
Shareholders equity total | - 324.97 | -30.66 | -34.32 | 10.51 | 67.75 |
Balance sheet total (assets) | 101.66 | 178.65 | 54.33 | 154.02 | 186.58 |
Net debt | 252.42 | 175.82 | 69.93 | 119.21 | 105.87 |
Profitability | |||||
EBIT-% | -146.7 % | -128.4 % | 31.5 % | 39.1 % | 21.0 % |
ROA | -12.1 % | -27.6 % | 12.8 % | 43.6 % | 19.0 % |
ROE | -138.9 % | -75.4 % | -3.1 % | 138.3 % | 56.8 % |
ROI | -39.2 % | -30.7 % | 15.4 % | 52.9 % | 21.4 % |
Economic value added (EVA) | - 118.66 | -99.24 | 4.45 | 42.92 | 18.93 |
Solvency | |||||
Equity ratio | -76.2 % | -14.7 % | -38.7 % | 6.8 % | 36.3 % |
Gearing | -77.7 % | -575.0 % | -204.9 % | 1134.4 % | 156.3 % |
Relative net indebtedness % | 527.6 % | 283.0 % | 167.6 % | 111.2 % | 92.7 % |
Liquidity | |||||
Quick ratio | 0.3 | 0.8 | 0.6 | 1.0 | 1.6 |
Current ratio | 0.4 | 0.8 | 0.6 | 1.1 | 1.6 |
Cash and cash equivalents | 0.07 | 0.51 | 0.41 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 359.4 | 62.0 | 20.5 | 122.9 | 75.4 |
Net working capital % | -241.8 % | -42.6 % | -66.3 % | 7.0 % | 52.5 % |
Credit risk | |||||
Credit rating | BB | BB | BBB | A | AA |
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