BOELT HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 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 | -2 625.15 | 68.05 | -2 370.33 | -1 201.35 | - 400.84 |
Shareholders equity total | 12 560.54 | 12 628.59 | 10 258.26 | 9 056.91 | 4 580.46 |
Balance sheet total (assets) | 23 268.58 | 23 283.96 | 20 855.02 | 19 564.73 | 7 152.59 |
Net debt | -12 881.17 | -12 836.42 | -20 832.05 | -19 529.08 | -5 473.74 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.6 % | 30.4 % | -1.5 % | 0.3 % | 0.4 % |
ROE | -18.9 % | 0.5 % | -20.7 % | -12.4 % | -5.9 % |
ROI | 3.6 % | 30.8 % | -1.9 % | 0.6 % | 0.7 % |
Economic value added (EVA) | - 709.74 | - 510.09 | - 677.95 | - 324.93 | 313.54 |
Solvency | |||||
Equity ratio | 54.0 % | 54.2 % | 49.2 % | 46.3 % | 64.0 % |
Gearing | 82.4 % | 82.5 % | 0.0 % | 35.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 2.2 | 2.0 | 1.9 | 2.8 |
Current ratio | 2.2 | 2.2 | 2.0 | 1.9 | 2.8 |
Cash and cash equivalents | 23 233.73 | 23 256.88 | 20 832.18 | 19 529.08 | 7 109.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BBB |
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