BALTIC INDUSTRIAL GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BALTIC INDUSTRIAL GROUP A/S
BALTIC INDUSTRIAL GROUP A/S (CVR number: 21147532K) is a company from HOLBÆK. The company recorded a gross profit of 71.2 mDKK in 2024. The operating profit was -4525 kDKK, while net earnings were -11.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -8.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50 %, 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 INDUSTRIAL GROUP A/S's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 61 303.35 | 65 400.05 | 69 861.56 | 75 776.28 | 71 165.70 |
EBIT | 10 460.42 | 9 681.69 | 10 855.28 | 7 246.71 | -4 525.03 |
Net earnings | 6 432.81 | 10 454.08 | 4 087.45 | 2 164.03 | -11 413.30 |
Shareholders equity total | 146 146.88 | 148 369.47 | 149 288.93 | 148 152.96 | 132 739.66 |
Balance sheet total (assets) | 282 622.79 | 293 867.75 | 281 800.27 | 275 129.55 | 265 736.75 |
Net debt | 76 134.85 | 77 196.66 | 74 623.55 | 67 509.96 | 66 316.82 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.9 % | 3.4 % | 4.2 % | 2.8 % | -1.4 % |
ROE | 4.5 % | 7.1 % | 2.7 % | 1.5 % | -8.1 % |
ROI | 4.0 % | 3.6 % | 4.6 % | 3.1 % | -1.6 % |
Economic value added (EVA) | -5 072.72 | -6 704.45 | -5 718.12 | -8 506.29 | -18 583.64 |
Solvency | |||||
Equity ratio | 51.7 % | 50.5 % | 53.0 % | 53.8 % | 50.0 % |
Gearing | 66.0 % | 65.2 % | 53.4 % | 45.7 % | 53.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 6.3 | 1.4 | 0.6 | 0.7 |
Current ratio | 3.3 | 7.8 | 1.9 | 1.3 | 1.2 |
Cash and cash equivalents | 20 253.82 | 19 589.32 | 5 152.92 | 243.45 | 4 331.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | A |
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