Bay Rasmussen ApS — Credit Rating and Financial Key Figures

Bay Rasmussen ApS (CVR number: 43447831) is a company from AARHUS. The company recorded a gross profit of 3331.8 kDKK in 2023. The operating profit was 2452.7 kDKK, while net earnings were 1919.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 87.6 %, which can be considered excellent and Return on Equity (ROE) was 98 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.6 %, 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. Bay Rasmussen ApS's liquidity measured by quick ratio was 3.3 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.