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 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 60.40 | 41.72 | 53.88 | 66.82 | 26.50 |
Gross profit | -96.55 | -38.63 | -29.30 | 11.13 | - 458.35 |
EBIT | -96.55 | -38.63 | -29.30 | 11.13 | - 458.35 |
Net earnings | 1 197.65 | 810.52 | 1 686.85 | 283.12 | 799.88 |
Shareholders equity total | 14 471.03 | 15 281.55 | 16 968.41 | 17 251.53 | 18 051.41 |
Balance sheet total (assets) | 23 331.28 | 25 576.79 | 28 152.82 | 27 150.87 | 28 800.19 |
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 % |
ROA | 7.5 % | 5.0 % | 9.2 % | 7.4 % | 5.5 % |
ROE | 8.6 % | 5.4 % | 10.5 % | 1.7 % | 4.5 % |
ROI | 8.8 % | 5.7 % | 10.1 % | 8.1 % | 6.0 % |
Economic value added (EVA) | - 394.58 | - 399.43 | - 581.86 | - 467.94 | - 858.34 |
Solvency | |||||
Equity ratio | 62.0 % | 59.7 % | 60.3 % | 63.5 % | 62.7 % |
Gearing | 32.4 % | 46.4 % | 42.6 % | 39.4 % | 35.7 % |
Relative net indebtedness % | 2278.2 % | 4084.7 % | -8933.0 % | -6392.3 % | -11696.8 % |
Liquidity | |||||
Quick ratio | 2.2 | 3.2 | 6.1 | 8.2 | 5.9 |
Current ratio | 2.2 | 3.2 | 6.1 | 8.2 | 5.9 |
Cash and cash equivalents | 6 581.88 | 7 584.38 | 13 870.91 | 11 960.48 | 11 312.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 345.7 | 337.8 | 851.8 | 686.8 | 4 461.9 |
Net working capital % | -1726.5 % | -168.7 % | -953.4 % | 1526.9 % | 3372.9 % |
Credit risk | |||||
Credit rating | A | AA | AA | BBB | A |
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