balticfinance Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About balticfinance Holding ApS
balticfinance Holding ApS (CVR number: 27959946) is a company from FREDERIKSBERG. The company recorded a gross profit of -101 kDKK in 2023. The operating profit was -101 kDKK, while net earnings were 48.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 70.8 %, which can be considered excellent and Return on Equity (ROE) was 94.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.9 %, 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. balticfinance Holding ApS's liquidity measured by quick ratio was 2.7 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -10.00 | -10.00 | -10.00 | -10.00 | - 101.03 |
EBIT | -10.00 | -10.00 | -10.00 | -10.00 | - 101.03 |
Net earnings | 1 429.00 | 4 902.00 | 32 320.00 | 34 691.00 | 48 765.49 |
Shareholders equity total | 11 271.00 | 16 172.00 | 31 352.00 | 46 592.02 | 56 376.09 |
Balance sheet total (assets) | 11 969.00 | 19 486.00 | 41 420.00 | 55 911.00 | 83 087.38 |
Net debt | 568.00 | 589.00 | 551.00 | 248.00 | 709.30 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.9 % | 31.2 % | 106.2 % | 71.3 % | 70.8 % |
ROE | 13.5 % | 35.7 % | 136.0 % | 89.0 % | 94.7 % |
ROI | 13.2 % | 34.3 % | 132.9 % | 88.2 % | 94.6 % |
Economic value added (EVA) | 511.75 | 582.97 | 247.89 | 610.04 | 239.72 |
Solvency | |||||
Equity ratio | 94.2 % | 83.0 % | 75.7 % | 83.3 % | 67.9 % |
Gearing | 5.0 % | 3.6 % | 1.8 % | 0.5 % | 1.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 3.4 | 17.0 | 34.5 | 2.7 |
Current ratio | 0.2 | 3.4 | 17.0 | 34.5 | 2.7 |
Cash and cash equivalents | 2.26 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | A | A |
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