BAY CHARTERING ApS — Credit Rating and Financial Key Figures

BAY CHARTERING ApS (CVR number: 77995412) is a company from AARHUS. The company recorded a gross profit of 1717 kDKK in 2022. The operating profit was 1312 kDKK, while net earnings were 982.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.2 %, which can be considered good but Return on Equity (ROE) was 53.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.6 %, 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. BAY CHARTERING ApS's liquidity measured by quick ratio was 1.7 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.