BARON HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BARON HOLDING ApS
BARON HOLDING ApS (CVR number: 29817170) is a company from Høje-Taastrup. The company recorded a gross profit of -15.9 kDKK in 2023. The operating profit was 141.2 kDKK, while net earnings were 358.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good but Return on Equity (ROE) was 19.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.8 %, 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. BARON HOLDING ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 76.55 | 90.62 | 274.09 | ||
Gross profit | 66.22 | 80.51 | 256.55 | -12.54 | -15.94 |
EBIT | -28.46 | 80.51 | 256.55 | -12.54 | 141.20 |
Net earnings | 158.00 | 101.62 | 300.19 | 235.26 | 358.42 |
Shareholders equity total | 1 426.38 | 1 417.40 | 1 604.59 | 1 725.45 | 1 966.08 |
Balance sheet total (assets) | 2 741.94 | 2 921.91 | 3 339.45 | 4 018.98 | 4 388.60 |
Net debt | 144.62 | 454.41 | 700.19 | 1 176.92 | 991.21 |
Profitability | |||||
EBIT-% | -37.2 % | 88.8 % | 93.6 % | ||
ROA | 8.0 % | 3.7 % | 10.2 % | 15.4 % | 10.2 % |
ROE | 11.3 % | 7.1 % | 19.9 % | 14.1 % | 19.4 % |
ROI | 8.4 % | 3.9 % | 10.4 % | 15.7 % | 10.4 % |
Economic value added (EVA) | 43.98 | 152.70 | 336.87 | 91.37 | 276.62 |
Solvency | |||||
Equity ratio | 52.0 % | 48.5 % | 48.0 % | 42.9 % | 44.8 % |
Gearing | 79.2 % | 102.1 % | 105.5 % | 127.8 % | 120.6 % |
Relative net indebtedness % | 431.4 % | 564.9 % | 270.6 % | ||
Liquidity | |||||
Quick ratio | 0.8 | 0.7 | 0.6 | 0.5 | 0.6 |
Current ratio | 1.0 | 0.9 | 0.6 | 0.5 | 0.6 |
Cash and cash equivalents | 985.29 | 992.60 | 993.03 | 1 028.08 | 1 379.73 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -965.5 % | -969.9 % | -578.7 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
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