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ApS Baltic Testing Ltd. Aarhus — Credit Rating and Financial Key Figures

CVR number: 36506741
Skolevej 16 D, 8250 Egå
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Credit rating

Company information

Official name
ApS Baltic Testing Ltd. Aarhus
Established
2015
Company form
Private limited company
Industry

About ApS Baltic Testing Ltd. Aarhus

ApS Baltic Testing Ltd. Aarhus (CVR number: 36506741) is a company from AARHUS. The company recorded a gross profit of -30.9 kDKK in 2024. The operating profit was -30.9 kDKK, while net earnings were -369.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good but Return on Equity (ROE) was -69.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.9 %, 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. ApS Baltic Testing Ltd. Aarhus'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-15.73-43.26-66.94-39.59-30.91
EBIT-15.73-43.26-66.94-39.59-30.91
Net earnings807.79- 468.33- 553.74- 707.56- 369.38
Shareholders equity total2 448.441 980.111 426.37718.80349.42
Balance sheet total (assets)2 890.013 215.332 403.341 611.801 252.35
Net debt-2 708.48-1 570.85- 413.49- 583.94- 281.12
Profitability
EBIT-%
ROA88.0 %17.2 %-0.7 %21.7 %12.2 %
ROE39.5 %-21.2 %-32.5 %-66.0 %-69.2 %
ROI54.7 %10.2 %-0.7 %-11.5 %-0.8 %
Economic value added (EVA)- 108.17- 165.93- 202.66- 147.53- 110.51
Solvency
Equity ratio84.7 %61.6 %59.3 %44.6 %27.9 %
Gearing7.4 %51.0 %66.6 %120.4 %250.0 %
Relative net indebtedness %
Liquidity
Quick ratio12.72.21.71.61.3
Current ratio12.72.21.71.61.3
Cash and cash equivalents2 890.012 581.321 363.631 449.191 154.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:12.2%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.9%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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