Baltic Renewables ApS — Credit Rating and Financial Key Figures

Baltic Renewables ApS (CVR number: 39831279) is a company from LEMVIG. The company recorded a gross profit of -62.2 kDKK in 2024. The operating profit was -62.2 kDKK, while net earnings were 10.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 207.5 %, which can be considered excellent and Return on Equity (ROE) was 217.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Baltic Renewables ApS's liquidity measured by quick ratio was 10 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.