Baltic Coaster Chartering ApS — Credit Rating and Financial Key Figures

CVR number: 20758287
Frederiksbro Torv 4, 3400 Hillerød
chartering@balticshipping.dk
tel: 39960800

Credit rating

Company information

Official name
Baltic Coaster Chartering ApS
Established
1998
Company form
Private limited company
Industry

About Baltic Coaster Chartering ApS

Baltic Coaster Chartering ApS (CVR number: 20758287) is a company from HILLERØD. The company recorded a gross profit of 63.5 mDKK in 2023. The operating profit was 63.5 mDKK, while net earnings were 65.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 57.2 %, which can be considered excellent and Return on Equity (ROE) was 75.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.1 %, 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. Baltic Coaster Chartering ApS's liquidity measured by quick ratio was 2.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 519.004 190.0044 428.00148 084.2463 482.53
EBIT3 519.004 190.0044 428.00148 084.2463 482.53
Net earnings3 447.004 018.0044 360.00147 496.4265 551.43
Shareholders equity total3 625.004 193.0044 553.00107 749.7665 801.19
Balance sheet total (assets)11 770.0015 161.0061 220.00126 982.99106 022.79
Net debt-33 317.53-5 085.93
Profitability
EBIT-%
ROA32.3 %31.1 %116.3 %158.3 %57.2 %
ROE67.6 %102.8 %182.0 %193.7 %75.5 %
ROI37.5 %31.1 %116.3 %176.3 %75.3 %
Economic value added (EVA)3 340.984 007.8444 217.30145 814.7058 944.50
Solvency
Equity ratio100.0 %100.0 %100.0 %84.9 %62.1 %
Gearing0.0 %5.2 %
Relative net indebtedness %
Liquidity
Quick ratio6.42.5
Current ratio6.62.6
Cash and cash equivalents33 343.668 518.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:57.2%
Rating: 98/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.1%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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