BOELT HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 45827410
Vestre Pennehavevej 2, 2960 Rungsted Kyst
tel: 45651172

Credit rating

Company information

Official name
BOELT HOLDING A/S
Personnel
2 persons
Established
1973
Company form
Limited company
Industry

About BOELT HOLDING A/S

BOELT HOLDING A/S (CVR number: 45827410) is a company from HØRSHOLM. The company recorded a gross profit of -212.7 kDKK in 2024. The operating profit was -212.7 kDKK, while net earnings were -400.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -5.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64 %, 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. BOELT HOLDING A/S's liquidity measured by quick ratio was 2.8 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 176.41- 289.67- 247.07- 138.31- 212.68
EBIT-1 215.80-1 341.07-1 206.42- 861.07- 212.68
Net earnings-2 625.1568.05-2 370.33-1 201.35- 400.84
Shareholders equity total12 560.5412 628.5910 258.269 056.914 580.46
Balance sheet total (assets)23 268.5823 283.9620 855.0219 564.737 152.59
Net debt-12 881.17-12 836.42-20 832.05-19 529.08-5 473.74
Profitability
EBIT-%
ROA3.6 %30.4 %-1.5 %0.3 %0.4 %
ROE-18.9 %0.5 %-20.7 %-12.4 %-5.9 %
ROI3.6 %30.8 %-1.9 %0.6 %0.7 %
Economic value added (EVA)- 709.74- 510.09- 677.95- 324.93313.54
Solvency
Equity ratio54.0 %54.2 %49.2 %46.3 %64.0 %
Gearing82.4 %82.5 %0.0 %35.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.22.22.01.92.8
Current ratio2.22.22.01.92.8
Cash and cash equivalents23 233.7323 256.8820 832.1819 529.087 109.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:0.42%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.0%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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