BAK PHOTONICS ApS — Credit Rating and Financial Key Figures

BAK PHOTONICS ApS (CVR number: 35513116) is a company from LEJRE. The company recorded a gross profit of -26.1 kDKK in 2023. The operating profit was -83.3 kDKK, while net earnings were -127.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.7 %, which can be considered poor and Return on Equity (ROE) was -89.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -89.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. BAK PHOTONICS ApS's liquidity measured by quick ratio was 1.5 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.