BALTIC HOLDING HUNDESTED ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BALTIC HOLDING HUNDESTED ApS
BALTIC HOLDING HUNDESTED ApS (CVR number: 36085851K) is a company from HILLERØD. The company reported a net sales of 1000.8 mDKK in 2023, demonstrating a growth of 24.1 % compared to the previous year. The operating profit percentage was at 17 % (EBIT: 170.4 mDKK), while net earnings were 153.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 36.2 %, which can be considered excellent and Return on Equity (ROE) was 89.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. BALTIC HOLDING HUNDESTED ApS's liquidity measured by quick ratio was 1.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 186.86 | 226.09 | 349.39 | 806.68 | 1 000.82 |
Gross profit | 46.60 | 52.95 | 115.47 | 303.14 | 235.18 |
EBIT | 21.61 | 25.17 | 84.56 | 257.71 | 170.41 |
Net earnings | 17.69 | 20.39 | 76.11 | 239.54 | 153.91 |
Shareholders equity total | 17.87 | 26.20 | 80.73 | 214.72 | 191.42 |
Balance sheet total (assets) | 68.74 | 83.02 | 158.88 | 409.93 | 593.14 |
Net debt | -98.46 | 100.77 | |||
Profitability | |||||
EBIT-% | 11.6 % | 11.1 % | 24.2 % | 31.9 % | 17.0 % |
ROA | 35.3 % | 33.2 % | 69.9 % | 92.5 % | 36.2 % |
ROE | 95.1 % | 92.5 % | 142.3 % | 176.5 % | 89.1 % |
ROI | 46.2 % | 33.2 % | 69.9 % | 102.1 % | 43.6 % |
Economic value added (EVA) | 21.51 | 24.27 | 83.24 | 234.21 | 146.03 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 68.7 % | 41.8 % |
Gearing | 0.1 % | 76.5 % | |||
Relative net indebtedness % | -0.0 % | 22.7 % | |||
Liquidity | |||||
Quick ratio | 4.5 | 1.9 | |||
Current ratio | 4.8 | 1.9 | |||
Cash and cash equivalents | 98.76 | 45.76 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 34.4 | 37.1 | |||
Net working capital % | 25.2 % | 11.9 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | AA |
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