Baltic Recycling ApS — Credit Rating and Financial Key Figures

Baltic Recycling ApS (CVR number: 30565711) is a company from KØBENHAVN. The company recorded a gross profit of 1734.9 kDKK in 2019. The operating profit was -109.3 kDKK, while net earnings were -110.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.9 %, which can be considered poor and Return on Equity (ROE) was -16 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -40.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Baltic Recycling ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.