Bæls Holding ApS — Credit Rating and Financial Key Figures

Bæls Holding ApS (CVR number: 38981587) is a company from MORSØ. The company reported a net sales of -2.3 mDKK in 2019, demonstrating a decline of 235.4 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -2.3 mDKK), while net earnings were -2655.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -49.9 %, which can be considered poor and Return on Equity (ROE) was -74.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -19 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Bæls Holding ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.