Borup Carstensen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Borup Carstensen Holding ApS
Borup Carstensen Holding ApS (CVR number: 40962387) is a company from BORNHOLMS REGIONSKOMMUNE. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a growth of 10 % compared to the previous year. The operating profit percentage was at 98.5 % (EBIT: 0.3 mDKK), while net earnings were 315.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.8 %, which can be considered excellent and Return on Equity (ROE) was 52.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Borup Carstensen Holding ApS's liquidity measured by quick ratio was 1.6 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 | |
---|---|---|---|---|
Volume | ||||
Net sales | 100.00 | 300.00 | 300.00 | 330.00 |
Gross profit | 94.00 | 296.00 | 295.00 | 325.16 |
EBIT | 94.00 | 296.00 | 295.00 | 325.16 |
Net earnings | 78.00 | 280.00 | 285.00 | 315.83 |
Shareholders equity total | 128.00 | 333.00 | 504.00 | 702.19 |
Balance sheet total (assets) | 666.00 | 723.00 | 690.00 | 1 297.25 |
Net debt | 329.00 | 177.00 | 10.00 | 102.75 |
Profitability | ||||
EBIT-% | 94.0 % | 98.7 % | 98.3 % | 98.5 % |
ROA | 14.1 % | 42.6 % | 41.8 % | 32.8 % |
ROE | 60.9 % | 121.5 % | 68.1 % | 52.4 % |
ROI | 15.6 % | 45.0 % | 42.2 % | 34.9 % |
Economic value added (EVA) | 94.00 | 303.94 | 300.28 | 328.48 |
Solvency | ||||
Equity ratio | 19.2 % | 46.1 % | 73.0 % | 54.1 % |
Gearing | 371.1 % | 114.1 % | 35.7 % | 68.4 % |
Relative net indebtedness % | 392.0 % | 62.3 % | 5.3 % | 66.0 % |
Liquidity | ||||
Quick ratio | 0.9 | 1.9 | 2.6 | 1.6 |
Current ratio | 0.9 | 1.9 | 2.6 | 1.6 |
Cash and cash equivalents | 146.00 | 203.00 | 170.00 | 377.25 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | -12.0 % | 32.7 % | 34.7 % | 43.1 % |
Credit risk | ||||
Credit rating | BBB | BBB | BBB | BBB |
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