Baton Transport Holding A/S — Credit Rating and Financial Key Figures

CVR number: 44170965
Karolinevej 16, 4200 Slagelse

Credit rating

Company information

Official name
Baton Transport Holding A/S
Established
2023
Company form
Limited company
Industry
  • Expand more icon53Postal and courier activities

About Baton Transport Holding A/S

Baton Transport Holding A/S (CVR number: 44170965K) is a company from SLAGELSE. The company reported a net sales of 612.3 mDKK in 2024, demonstrating a growth of 4.7 % compared to the previous year. The operating profit percentage was at 0.1 % (EBIT: 0.8 mDKK), while net earnings were -3570 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak but Return on Equity (ROE) was -7.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 19.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Baton Transport Holding A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales447.13582.64584.70612.28
Gross profit447.13582.6474.5567.98
EBIT21.5213.5817.509.590.79
Net earnings17.5910.0914.752.97-3.57
Shareholders equity total73.7650.4165.1053.4740.89
Balance sheet total (assets)119.59133.34180.98202.32208.30
Net debt-16.65-8.52
Profitability
EBIT-%1.6 %0.1 %
ROA5.5 %1.3 %
ROE5.0 %-7.6 %
ROI7.1 %2.5 %
Economic value added (EVA)21.529.8814.972.63-1.09
Solvency
Equity ratio26.4 %19.6 %
Gearing7.2 %6.9 %
Relative net indebtedness %22.0 %25.5 %
Liquidity
Quick ratio1.31.1
Current ratio1.31.1
Cash and cash equivalents20.4911.35
Capital use efficiency
Trade debtors turnover (days)50.447.9
Net working capital %4.2 %1.9 %
Credit risk
Credit ratingABBB

Variable visualization

ROA:1.30%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.6%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member
Chief executive officer

Companies in the same industry

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