NIELS E. BORG (D.K.) A/S — Credit Rating and Financial Key Figures

CVR number: 19042901
Laveskov Alle 301, 3050 Humlebæk
borg@revisorhuset.no
tel: 33350519

Company information

Official name
NIELS E. BORG (D.K.) A/S
Established
1995
Company form
Limited company
Industry

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 reported a net sales of 0 mDKK in 2023, demonstrating a decline of -60.3 % compared to the previous year. The operating profit percentage was poor at -1729.6 % (EBIT: -0.5 mDKK), while net earnings were 799.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 62.7 %, 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 5.9 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales60.4041.7253.8866.8226.50
Gross profit-96.55-38.63-29.3011.13- 458.35
EBIT-96.55-38.63-29.3011.13- 458.35
Net earnings1 197.65810.521 686.85283.12799.88
Shareholders equity total14 471.0315 281.5516 968.4117 251.5318 051.41
Balance sheet total (assets)23 331.2825 576.7928 152.8227 150.8728 800.19
Net debt-1 888.38- 500.42-6 647.38-5 162.83-4 863.87
Profitability
EBIT-%-159.8 %-92.6 %-54.4 %16.6 %-1729.6 %
ROA7.5 %5.0 %9.2 %7.4 %5.5 %
ROE8.6 %5.4 %10.5 %1.7 %4.5 %
ROI8.8 %5.7 %10.1 %8.1 %6.0 %
Economic value added (EVA)- 394.58- 399.43- 581.86- 467.94- 858.34
Solvency
Equity ratio62.0 %59.7 %60.3 %63.5 %62.7 %
Gearing32.4 %46.4 %42.6 %39.4 %35.7 %
Relative net indebtedness %2278.2 %4084.7 %-8933.0 %-6392.3 %-11696.8 %
Liquidity
Quick ratio2.23.26.18.25.9
Current ratio2.23.26.18.25.9
Cash and cash equivalents6 581.887 584.3813 870.9111 960.4811 312.47
Capital use efficiency
Trade debtors turnover (days)345.7337.8851.8686.84 461.9
Net working capital %-1726.5 %-168.7 %-953.4 %1526.9 %3372.9 %
Credit risk
Credit ratingAAAAABBBA

Variable visualization

ROA:5.52%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.7%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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