Reel Forsikringspartner Baltzer ApS — Credit Rating and Financial Key Figures

Reel Forsikringspartner Baltzer ApS (CVR number: 38547089) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 1509.3 kDKK in 2023. The operating profit was 490.2 kDKK, while net earnings were 384.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.5 %, which can be considered excellent and Return on Equity (ROE) was 44.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Reel Forsikringspartner Baltzer ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.