BAAGØE HOLDING ApS — Credit Rating and Financial Key Figures

BAAGØE HOLDING ApS (CVR number: 34700303) is a company from SKIVE. The company reported a net sales of 1.6 mDKK in 2023, demonstrating a growth of 89.6 % compared to the previous year. The operating profit percentage was at 97.6 % (EBIT: 1.5 mDKK), while net earnings were 1516 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.1 %, which can be considered excellent and Return on Equity (ROE) was 26.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.4 %, 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. BAAGØE HOLDING ApS's liquidity measured by quick ratio was 1.2 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.