BALTIC SEA GLASS ApS — Credit Rating and Financial Key Figures

BALTIC SEA GLASS ApS (CVR number: 21037338) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of 4284 kDKK in 2024. The operating profit was 857.8 kDKK, while net earnings were 555.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21 %, which can be considered excellent and Return on Equity (ROE) was 41 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.9 %, 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 SEA GLASS ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.