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

CVR number: 36506741
Skolevej 16 D, 8250 Egå

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 -39.6 kDKK in 2023. The operating profit was -39.6 kDKK, while net earnings were -707.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.6 %, which can be considered excellent but Return on Equity (ROE) was -66 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ApS Baltic Testing Ltd. Aarhus's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-16.79-15.73-43.26-66.94-39.59
EBIT-16.79-15.73-43.26-66.94-39.59
Net earnings263.45807.79- 468.33- 553.74- 707.56
Shareholders equity total1 640.652 448.441 980.111 426.37718.80
Balance sheet total (assets)1 952.472 890.013 215.332 403.341 611.79
Net debt-1 677.27-2 708.48-1 570.85- 413.49- 583.93
Profitability
EBIT-%
ROA33.3 %88.0 %17.2 %-0.7 %21.6 %
ROE17.5 %39.5 %-21.2 %-32.5 %-66.0 %
ROI33.8 %54.7 %10.2 %-0.7 %-11.5 %
Economic value added (EVA)-4.243.03-11.58-22.17-31.26
Solvency
Equity ratio84.0 %84.7 %61.6 %59.3 %44.6 %
Gearing16.3 %7.4 %51.0 %66.6 %120.4 %
Relative net indebtedness %
Liquidity
Quick ratio7.012.72.21.71.6
Current ratio7.012.72.21.71.6
Cash and cash equivalents1 945.052 890.012 581.321 363.631 449.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:21.6%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.6%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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