BAKER HUGHES DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 18064898
H.C. Andersens Boulevard 38, 1553 København V
tel: 70153860

Company information

Official name
BAKER HUGHES DENMARK ApS
Personnel
8 persons
Established
1992
Company form
Private limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales75.2773.7752.65129.11128.22
Gross profit-90.79-85.0126.0256.9937.34
EBIT- 110.42-94.7216.5850.5326.89
Net earnings- 147.35- 105.70-3.6644.8322.24
Shareholders equity total- 324.97-30.66-34.3210.5167.75
Balance sheet total (assets)101.66178.6554.33154.02186.58
Net debt252.42175.8269.93119.21105.87
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)- 118.66-99.244.4542.9218.93
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 ratio0.30.80.61.01.6
Current ratio0.40.80.61.11.6
Cash and cash equivalents0.070.510.41
Capital use efficiency
Trade debtors turnover (days)359.462.020.5122.975.4
Net working capital %-241.8 %-42.6 %-66.3 %7.0 %52.5 %
Credit risk
Credit ratingBBBBBBBAAA

Variable visualization

ROA:19.0%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.3%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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