A/S Baltic Control Group Ltd. — Credit Rating and Financial Key Figures
Credit rating
Company information
About A/S Baltic Control Group Ltd.
A/S Baltic Control Group Ltd. (CVR number: 12640633K) is a company from AARHUS. The company recorded a gross profit of 50.1 mDKK in 2023. The operating profit was -2241.8 kDKK, while net earnings were -2712.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -13.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.8 %, 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. A/S Baltic Control Group Ltd.'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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 41 809.49 | 43 224.79 | 49 068.60 | 47 516.26 | 50 120.87 |
EBIT | 4 775.33 | 6 148.30 | 11 157.25 | 3 013.16 | -2 241.75 |
Net earnings | 5 854.19 | 6 251.36 | 7 456.70 | 1 693.43 | -2 712.33 |
Shareholders equity total | 28 008.28 | 26 232.95 | 27 764.35 | 21 131.74 | 18 419.41 |
Balance sheet total (assets) | 52 771.74 | 47 318.35 | 54 374.60 | 81 272.08 | 66 312.11 |
Net debt | 6 706.12 | 3 749.67 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 9.7 % | 12.3 % | 21.9 % | 5.4 % | -2.0 % |
ROE | 21.6 % | 23.1 % | 27.6 % | 6.9 % | -13.7 % |
ROI | 9.7 % | 12.3 % | 21.9 % | 8.2 % | -4.5 % |
Economic value added (EVA) | 3 456.80 | 4 740.88 | 9 839.04 | 760.74 | -2 656.70 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 26.0 % | 27.8 % |
Gearing | 63.0 % | 63.4 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.3 | |||
Current ratio | 1.3 | 1.3 | |||
Cash and cash equivalents | 6 616.18 | 7 932.51 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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