Baltic Control Certification A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Baltic Control Certification A/S
Baltic Control Certification A/S (CVR number: 38526677) is a company from AARHUS. The company recorded a gross profit of 5790.8 kDKK in 2024. The operating profit was -1201.8 kDKK, while net earnings were -963.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.3 %, which can be considered poor and Return on Equity (ROE) was -28.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Baltic Control Certification A/S's liquidity measured by quick ratio was 1.3 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 15 535.81 | 16 717.06 | 11 911.25 | 6 306.57 | 5 790.81 |
EBIT | 1 099.35 | 1 170.80 | -2 071.92 | -7 236.87 | -1 201.79 |
Net earnings | 999.68 | 838.22 | -1 813.38 | -5 580.85 | - 963.53 |
Shareholders equity total | 4 640.09 | 2 478.31 | 664.93 | 3 871.30 | 2 907.77 |
Balance sheet total (assets) | 10 034.54 | 10 450.64 | 11 386.09 | 12 141.95 | 10 782.56 |
Net debt | 249.41 | 3 074.10 | 6 983.22 | 5 094.90 | 1 015.03 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.8 % | 12.1 % | -18.3 % | -59.7 % | -10.3 % |
ROE | 18.5 % | 23.6 % | -115.4 % | -246.1 % | -28.4 % |
ROI | 19.4 % | 18.7 % | -26.1 % | -82.5 % | -16.2 % |
Economic value added (EVA) | 435.94 | 620.97 | -2 005.02 | -6 043.92 | -1 398.26 |
Solvency | |||||
Equity ratio | 46.2 % | 23.7 % | 5.8 % | 31.9 % | 27.0 % |
Gearing | 21.6 % | 191.2 % | 1064.2 % | 135.8 % | 88.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 1.2 | 1.0 | 1.4 | 1.3 |
Current ratio | 1.7 | 1.2 | 1.0 | 1.4 | 1.3 |
Cash and cash equivalents | 751.06 | 1 665.42 | 92.86 | 161.59 | 1 554.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
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