BAY BAY ApS — Credit Rating and Financial Key Figures

BAY BAY ApS (CVR number: 32445497) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 0 kDKK in 2022. The operating profit was -255.5 kDKK, while net earnings were 203.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good but Return on Equity (ROE) was 19 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BAY BAY ApS's liquidity measured by quick ratio was 4 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.