BALTIC OPERATIONAL JV ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BALTIC OPERATIONAL JV ApS
BALTIC OPERATIONAL JV ApS (CVR number: 35390847) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -10 kDKK, while net earnings were -7.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.9 %, which can be considered poor and Return on Equity (ROE) was -22.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. BALTIC OPERATIONAL JV ApS's liquidity measured by quick ratio was 2.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | -8.68 | -7.50 | -6.25 | -8.00 | -10.00 |
Net earnings | -8.68 | -7.50 | -4.88 | -5.59 | -7.84 |
Shareholders equity total | 57.32 | 49.82 | 44.95 | 39.35 | 31.51 |
Balance sheet total (assets) | 63.57 | 57.32 | 58.70 | 54.85 | 57.01 |
Net debt | 6.25 | 6.25 | 6.25 | 14.25 | |
Profitability | |||||
EBIT-% | |||||
ROA | -12.7 % | -12.4 % | -10.8 % | -14.1 % | -17.9 % |
ROE | -14.1 % | -14.0 % | -10.3 % | -13.3 % | -22.1 % |
ROI | -13.9 % | -13.2 % | -11.7 % | -16.5 % | -21.9 % |
Economic value added (EVA) | -12.10 | -10.38 | -7.69 | -8.17 | -10.13 |
Solvency | |||||
Equity ratio | 90.2 % | 86.9 % | 76.6 % | 71.7 % | 55.3 % |
Gearing | 12.5 % | 13.9 % | 15.9 % | 45.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 10.2 | 7.6 | 4.3 | 3.5 | 2.2 |
Current ratio | 10.2 | 7.6 | 4.3 | 3.5 | 2.2 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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