BORRING PLAST A/S — Credit Rating and Financial Key Figures

CVR number: 10829844
Vædegårdsvej 8, 5690 Tommerup
tel: 64763364

Credit rating

Company information

Official name
BORRING PLAST A/S
Personnel
21 persons
Established
1987
Company form
Limited company
Industry
  • Expand more icon22Manufacture of rubber and plastic products

About BORRING PLAST A/S

BORRING PLAST A/S (CVR number: 10829844) is a company from ASSENS. The company recorded a gross profit of 24.5 mDKK in 2024. The operating profit was 13.9 mDKK, while net earnings were 10.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 37.1 %, which can be considered excellent and Return on Equity (ROE) was 34.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BORRING PLAST A/S's liquidity measured by quick ratio was 3.5 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 profit17 361.1720 829.0820 248.1720 735.2224 496.04
EBIT8 614.1511 581.7311 050.6411 169.1513 878.80
Net earnings6 753.898 961.648 873.588 847.6610 871.64
Shareholders equity total14 555.4923 517.1322 390.7031 238.3632 110.01
Balance sheet total (assets)25 250.3929 664.4732 243.6636 545.8738 965.72
Net debt1 758.57-3 856.141 815.27-4 866.32-1 782.12
Profitability
EBIT-%
ROA38.4 %42.2 %36.0 %32.6 %37.1 %
ROE49.5 %47.1 %38.7 %33.0 %34.3 %
ROI54.9 %56.4 %45.0 %39.0 %42.6 %
Economic value added (EVA)6 122.128 303.067 818.507 719.939 505.52
Solvency
Equity ratio57.7 %79.5 %69.5 %85.5 %82.4 %
Gearing12.2 %0.0 %9.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.72.91.34.73.5
Current ratio1.54.72.58.16.7
Cash and cash equivalents19.053 858.11190.204 868.411 784.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:37.1%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.4%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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