BAIT Holding ApS — Credit Rating and Financial Key Figures

CVR number: 39144557
Kridtsløjfen 23, 9000 Aalborg

Credit rating

Company information

Official name
BAIT Holding ApS
Established
2017
Company form
Private limited company
Industry

About BAIT Holding ApS

BAIT Holding ApS (CVR number: 39144557) is a company from AALBORG. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a growth of 21.7 % compared to the previous year. The operating profit percentage was at 99 % (EBIT: 0.7 mDKK), while net earnings were 728.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 64.4 %, which can be considered excellent and Return on Equity (ROE) was 64.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BAIT Holding ApS's liquidity measured by quick ratio was 416.6 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales40.00200.00575.00700.00
Gross profit34.01-3.19194.87563.73692.98
EBIT34.01-3.19194.87563.73692.98
Net earnings34.34-2.26191.69559.72728.90
Shareholders equity total40.7538.49230.18773.901 471.80
Balance sheet total (assets)50.04155.43326.46819.181 474.80
Net debt-0.42-2.1679.43- 307.55- 987.10
Profitability
EBIT-%85.0 %97.4 %98.0 %99.0 %
ROA113.1 %-2.8 %81.1 %98.4 %64.4 %
ROE145.6 %-5.7 %142.7 %111.5 %64.9 %
ROI138.1 %-7.0 %107.6 %99.0 %64.6 %
Economic value added (EVA)34.23-4.40198.31564.67677.70
Solvency
Equity ratio81.4 %24.8 %70.5 %94.5 %99.8 %
Gearing3.2 %3.3 %40.5 %5.4 %
Relative net indebtedness %18.9 %41.2 %-52.9 %-140.6 %
Liquidity
Quick ratio3.80.91.813.1416.6
Current ratio3.80.91.813.1416.6
Cash and cash equivalents1.713.4513.85349.53987.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %64.4 %37.6 %95.5 %86.8 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:64.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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