Baltic Holdco 2 (Denmark) ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 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 | -15 709.75 | 29 350.93 | -37 923.70 | 64 804.13 | 956.78 |
Shareholders equity total | 74 599.77 | 121 899.84 | 83 976.14 | 148 780.27 | 149 737.05 |
Balance sheet total (assets) | 247 981.17 | 197 164.11 | 148 636.22 | 194 957.47 | 196 101.41 |
Net debt | 168 144.98 | 73 842.64 | 63 478.42 | 45 175.15 | 45 942.21 |
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) | 6 962.23 | 7 089.80 | 2 441.14 | 1 275.10 | 739.69 |
Solvency | |||||
Equity ratio | 30.1 % | 61.8 % | 56.5 % | 76.3 % | 76.4 % |
Gearing | 226.8 % | 61.6 % | 76.8 % | 30.9 % | 30.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 2.1 | 2.2 | 3.8 | 2.3 |
Current ratio | 0.1 | 2.1 | 2.2 | 3.8 | 2.3 |
Cash and cash equivalents | 1 054.64 | 1 287.90 | 1 045.03 | 808.36 | 312.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | A |
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