J. BAUNGAARD HOLDING ApS — Credit Rating and Financial Key Figures

J. BAUNGAARD HOLDING ApS (CVR number: 29934916) is a company from HEDENSTED. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a decline of -48.3 % compared to the previous year. The operating profit percentage was at 159.2 % (EBIT: 0.3 mDKK), while net earnings were 224.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good and Return on Equity (ROE) was 11.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65.2 %, 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. J. BAUNGAARD HOLDING ApS'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.