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 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales41.7253.8866.82
Gross profit-38.63-29.3011.13- 579.82
EBIT-38.63-29.3011.13- 579.82
Net earnings810.521 686.85283.12799.88670.77
Shareholders equity total15 281.5516 968.4117 251.5318 051.4118 722.18
Balance sheet total (assets)25 576.7928 152.8227 150.8728 800.1928 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 %
ROA5.0 %9.2 %7.4 %7.2 %4.8 %
ROE5.4 %10.5 %1.7 %4.5 %3.6 %
ROI5.7 %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 ratio59.7 %60.3 %63.5 %62.7 %68.8 %
Gearing46.4 %42.6 %39.4 %35.7 %37.0 %
Relative net indebtedness %4084.7 %-8933.0 %-6392.3 %
Liquidity
Quick ratio3.26.18.25.96.7
Current ratio3.26.18.25.96.7
Cash and cash equivalents7 584.3813 870.9111 960.4811 312.4711 768.12
Capital use efficiency
Trade debtors turnover (days)337.8851.8686.8
Net working capital %-168.7 %-953.4 %1526.9 %
Credit risk
Credit ratingAAAABBBAA

Variable visualization

ROA:4.76%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.8%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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