BØRLING HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 10120128
Nils Erlings Allé 26, Dyrup 5250 Odense SV

Company information

Official name
BØRLING HOLDING ApS
Established
2003
Domicile
Dyrup
Company form
Private limited company
Industry

About BØRLING HOLDING ApS

BØRLING HOLDING ApS (CVR number: 10120128) is a company from ODENSE. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -1.1 % compared to the previous year. The operating profit percentage was at 221.4 % (EBIT: 0.2 mDKK), while net earnings were 195.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, 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 97.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BØRLING HOLDING ApS's liquidity measured by quick ratio was 19.2 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
2019
2020
2021
2022
2023
Volume
Net sales69.4086.95118.39109.25108.02
Gross profit313.61826.16185.14- 478.14292.05
EBIT240.12773.31128.57- 478.14239.19
Net earnings211.73624.92105.67- 478.14195.66
Shareholders equity total5 544.136 169.045 754.715 324.245 523.44
Balance sheet total (assets)5 584.886 321.765 937.395 475.705 691.23
Net debt-2 437.63-3 155.63-3 307.51-2 779.14-3 131.58
Profitability
EBIT-%346.0 %889.4 %108.6 %-437.7 %221.4 %
ROA4.8 %13.5 %2.4 %-8.4 %4.5 %
ROE3.9 %10.7 %1.8 %-8.6 %3.6 %
ROI4.9 %13.7 %2.5 %-8.6 %4.6 %
Economic value added (EVA)33.51452.12-51.17- 600.3460.68
Solvency
Equity ratio99.3 %97.6 %96.9 %97.2 %97.1 %
Gearing0.1 %0.0 %0.1 %
Relative net indebtedness %-3458.8 %-3454.1 %-2639.4 %-2405.2 %-2748.9 %
Liquidity
Quick ratio60.020.718.119.019.2
Current ratio60.020.718.119.019.2
Cash and cash equivalents2 441.063 155.993 307.512 779.143 137.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %481.8 %-54.9 %297.6 %446.3 %171.9 %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:4.49%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.1%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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