Baltic Holdco 2 (Denmark) ApS — Credit Rating and Financial Key Figures

CVR number: 40642404
Østbanegade 123, 2100 København Ø

Company information

Official name
Baltic Holdco 2 (Denmark) ApS
Established
2019
Company form
Private limited company
Industry

About Baltic Holdco 2 (Denmark) ApS

Baltic Holdco 2 (Denmark) ApS (CVR number: 40642404) is a company from KØBENHAVN. The company recorded a gross profit of -317.6 kDKK in 2024. The operating profit was -317.6 kDKK, while net earnings were 956.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 76.4 %, 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. Baltic Holdco 2 (Denmark) ApS's liquidity measured by quick ratio was 2.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 289.89- 379.61- 221.19- 146.14- 317.59
EBIT- 289.89- 379.61- 221.19- 146.14- 317.59
Net earnings-15 709.7529 350.93-37 923.7064 804.13956.78
Shareholders equity total74 599.77121 899.8483 976.14148 780.27149 737.05
Balance sheet total (assets)247 981.17197 164.11148 636.22194 957.47196 101.41
Net debt168 144.9873 842.6463 478.4245 175.1545 942.21
Profitability
EBIT-%
ROA-5.0 %14.3 %-21.3 %38.5 %0.9 %
ROE-19.1 %29.9 %-36.8 %55.7 %0.6 %
ROI-5.1 %14.5 %-21.3 %38.5 %0.9 %
Economic value added (EVA)6 962.237 089.802 441.141 275.10739.69
Solvency
Equity ratio30.1 %61.8 %56.5 %76.3 %76.4 %
Gearing226.8 %61.6 %76.8 %30.9 %30.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.12.12.23.82.3
Current ratio0.12.12.23.82.3
Cash and cash equivalents1 054.641 287.901 045.03808.36312.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:0.92%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.4%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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