Baja Flex ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Baja Flex ApS
Baja Flex ApS (CVR number: 38840703) is a company from SILKEBORG. The company recorded a gross profit of 344.7 kDKK in 2020. The operating profit was -8.3 kDKK, while net earnings were -9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.8 %, which can be considered poor and Return on Equity (ROE) was -11.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.7 %, 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. Baja Flex ApS's liquidity measured by quick ratio was 2.8 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 financials2018 | 2019 | 2020 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 365.53 | 288.75 | 344.74 |
EBIT | 29.74 | 0.47 | -8.33 |
Net earnings | 22.70 | -1.31 | -9.01 |
Shareholders equity total | 87.17 | 85.85 | 76.84 |
Balance sheet total (assets) | 116.33 | 123.27 | 120.66 |
Net debt | -61.64 | -68.55 | -63.35 |
Profitability | |||
EBIT-% | |||
ROA | 25.5 % | 0.4 % | -6.8 % |
ROE | 26.0 % | -1.5 % | -11.1 % |
ROI | 34.0 % | 0.5 % | -9.2 % |
Economic value added (EVA) | 22.78 | -0.81 | -8.72 |
Solvency | |||
Equity ratio | 74.9 % | 69.6 % | 63.7 % |
Gearing | 0.0 % | 11.3 % | 12.6 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 6.1 | 3.3 | 2.8 |
Current ratio | 6.1 | 3.3 | 2.8 |
Cash and cash equivalents | 61.66 | 78.22 | 73.03 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BB |
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