Borvang & Borvang ApS — Credit Rating and Financial Key Figures

Borvang & Borvang ApS (CVR number: 41221666) is a company from KØBENHAVN. The company recorded a gross profit of -6.4 kDKK in 2023. The operating profit was -6.4 kDKK, while net earnings were -5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.5 %, which can be considered poor and Return on Equity (ROE) was -37 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -43.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Borvang & Borvang ApS's liquidity measured by quick ratio was 1.9 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.