Baltic Asiatic Timber ApS — Credit Rating and Financial Key Figures

CVR number: 29610169
Sandbjergvej 49, 2950 Vedbæk
Finance@baltic-asiatic.com
tel: 88389389

Company information

Official name
Baltic Asiatic Timber ApS
Established
2006
Company form
Private limited company
Industry

About Baltic Asiatic Timber ApS

Baltic Asiatic Timber ApS (CVR number: 29610169) is a company from RUDERSDAL. The company recorded a gross profit of 59.3 kDKK in 2024. The operating profit was 59.3 kDKK, while net earnings were 59.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good but Return on Equity (ROE) was 80 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -76 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Baltic Asiatic Timber ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-68.00- 106.58-28.29- 646.0459.35
EBIT-68.00- 106.58-28.29- 646.0459.35
Net earnings-7 590.00-1 370.00-22.89- 644.7359.34
Shareholders equity total-12 761.00-31.03-53.91- 698.64-27.87
Balance sheet total (assets)31.007.184.79139.528.81
Net debt12 754.00-2.1525.80457.90-0.34
Profitability
EBIT-%
ROA83.0 %18.1 %-58.4 %-144.1 %13.6 %
ROE-22000.0 %-7176.7 %-382.4 %-893.5 %80.0 %
ROI-88.0 %-21.5 %-207.7 %-259.7 %25.2 %
Economic value added (EVA)-35.86- 105.99-21.29- 643.3370.78
Solvency
Equity ratio-99.8 %-81.2 %-91.8 %-83.4 %-76.0 %
Gearing-100.0 %-2.7 %-49.0 %-67.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.20.10.20.2
Current ratio0.00.20.10.20.2
Cash and cash equivalents1.002.990.6013.140.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBCCCB

Variable visualization

ROA:13.6%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-76.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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