NIELS E. BORG (D.K.) A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NIELS E. BORG (D.K.) A/S
NIELS E. BORG (D.K.) A/S (CVR number: 19042901) is a company from FREDENSBORG. The company recorded a gross profit of -579.8 kDKK in 2024. The operating profit was -579.8 kDKK, while net earnings were 670.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 68.8 %, 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. NIELS E. BORG (D.K.) A/S's liquidity measured by quick ratio was 6.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 41.72 | 53.88 | 66.82 | ||
Gross profit | -38.63 | -29.30 | 11.13 | - 579.82 | |
EBIT | -38.63 | -29.30 | 11.13 | - 579.82 | |
Net earnings | 810.52 | 1 686.85 | 283.12 | 799.88 | 670.77 |
Shareholders equity total | 15 281.55 | 16 968.41 | 17 251.53 | 18 051.41 | 18 722.18 |
Balance sheet total (assets) | 25 576.79 | 28 152.82 | 27 150.87 | 28 800.19 | 28 657.52 |
Net debt | - 500.42 | -6 647.38 | -5 162.83 | -4 863.87 | -4 837.64 |
Profitability | |||||
EBIT-% | -92.6 % | -54.4 % | 16.6 % | ||
ROA | 5.0 % | 9.2 % | 7.4 % | 7.2 % | 4.8 % |
ROE | 5.4 % | 10.5 % | 1.7 % | 4.5 % | 3.6 % |
ROI | 5.7 % | 10.1 % | 8.1 % | 7.8 % | 5.1 % |
Economic value added (EVA) | -1 038.15 | -1 197.23 | -1 263.97 | -1 269.28 | -1 719.98 |
Solvency | |||||
Equity ratio | 59.7 % | 60.3 % | 63.5 % | 62.7 % | 68.8 % |
Gearing | 46.4 % | 42.6 % | 39.4 % | 35.7 % | 37.0 % |
Relative net indebtedness % | 4084.7 % | -8933.0 % | -6392.3 % | ||
Liquidity | |||||
Quick ratio | 3.2 | 6.1 | 8.2 | 5.9 | 6.7 |
Current ratio | 3.2 | 6.1 | 8.2 | 5.9 | 6.7 |
Cash and cash equivalents | 7 584.38 | 13 870.91 | 11 960.48 | 11 312.47 | 11 768.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 337.8 | 851.8 | 686.8 | ||
Net working capital % | -168.7 % | -953.4 % | 1526.9 % | ||
Credit risk | |||||
Credit rating | AA | AA | BBB | A | A |
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