BAARING STORIES ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BAARING STORIES ApS
BAARING STORIES ApS (CVR number: 31942357) is a company from MIDDELFART. The company recorded a gross profit of 355.7 kDKK in 2023. The operating profit was -0.5 kDKK, while net earnings were 4.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 57.9 %, 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. BAARING STORIES ApS's liquidity measured by quick ratio was 2.4 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 | 541.93 | 438.44 | 53.90 | 223.22 | 355.65 |
EBIT | 184.38 | 114.14 | -85.05 | -25.40 | -0.50 |
Net earnings | 135.19 | 86.67 | -86.09 | -24.77 | 4.71 |
Shareholders equity total | 261.77 | 228.45 | 142.36 | 117.59 | 122.30 |
Balance sheet total (assets) | 424.44 | 422.98 | 165.96 | 183.74 | 211.30 |
Net debt | - 317.68 | - 403.65 | - 113.00 | - 132.38 | -96.67 |
Profitability | |||||
EBIT-% | |||||
ROA | 44.4 % | 26.9 % | -28.6 % | -13.9 % | 2.4 % |
ROE | 55.3 % | 35.4 % | -46.4 % | -19.1 % | 3.9 % |
ROI | 75.1 % | 46.6 % | -45.4 % | -18.7 % | 3.9 % |
Economic value added (EVA) | 141.59 | 91.51 | -76.24 | -26.87 | 0.24 |
Solvency | |||||
Equity ratio | 61.7 % | 54.0 % | 85.8 % | 64.0 % | 57.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 2.2 | 7.0 | 2.8 | 2.4 |
Current ratio | 2.6 | 2.2 | 7.0 | 2.8 | 2.4 |
Cash and cash equivalents | 317.68 | 403.65 | 113.00 | 132.38 | 96.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | B | B | BB |
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