BALTSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BALTSEN HOLDING ApS
BALTSEN HOLDING ApS (CVR number: 31088615) is a company from KØBENHAVN. The company recorded a gross profit of -11.7 kDKK in 2024. The operating profit was -11.7 kDKK, while net earnings were -129.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -17 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BALTSEN HOLDING ApS's liquidity measured by quick ratio was 8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -8.26 | -8.22 | -8.80 | -11.96 | -11.70 |
EBIT | -8.26 | -8.22 | -8.80 | -11.96 | -11.70 |
Net earnings | 271.71 | - 152.82 | -6.09 | 73.11 | - 129.82 |
Shareholders equity total | 1 116.61 | 907.28 | 844.69 | 858.90 | 668.08 |
Balance sheet total (assets) | 1 199.31 | 915.45 | 852.86 | 913.45 | 763.11 |
Net debt | -1 198.58 | - 907.92 | - 849.22 | - 896.63 | - 749.34 |
Profitability | |||||
EBIT-% | |||||
ROA | 37.1 % | 9.9 % | 2.4 % | 8.3 % | 0.7 % |
ROE | 27.7 % | -15.1 % | -0.7 % | 8.6 % | -17.0 % |
ROI | 38.9 % | 10.3 % | 2.4 % | 8.6 % | 0.8 % |
Economic value added (EVA) | -48.89 | -64.56 | -54.43 | -54.44 | -54.86 |
Solvency | |||||
Equity ratio | 93.1 % | 99.1 % | 99.0 % | 94.0 % | 87.5 % |
Gearing | 0.1 % | 0.1 % | 0.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 14.5 | 112.1 | 104.4 | 16.7 | 8.0 |
Current ratio | 14.5 | 112.1 | 104.4 | 16.7 | 8.0 |
Cash and cash equivalents | 1 199.31 | 908.58 | 849.89 | 896.63 | 749.34 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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