F. E. BORDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About F. E. BORDING A/S
F. E. BORDING A/S (CVR number: 16229415K) is a company from GLOSTRUP. The company reported a net sales of 586.2 mDKK in 2023, demonstrating a decline of -7.2 % compared to the previous year. The operating profit percentage was poor at -1.1 % (EBIT: -6.3 mDKK), while net earnings were -12.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -15.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. F. E. BORDING A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 577.38 | 507.44 | 534.40 | 632.00 | 586.21 |
Gross profit | 262.30 | 231.84 | 252.75 | 267.83 | 245.42 |
EBIT | 36.13 | -9.86 | 22.31 | 5.68 | -6.32 |
Net earnings | -26.78 | -5.15 | 26.48 | 5.54 | -12.15 |
Shareholders equity total | 131.51 | 98.40 | 107.24 | 93.24 | 72.05 |
Balance sheet total (assets) | 415.24 | 295.93 | 310.53 | 357.00 | 355.61 |
Net debt | -4.15 | 46.20 | 41.42 | 91.94 | 123.07 |
Profitability | |||||
EBIT-% | 6.3 % | -1.9 % | 4.2 % | 0.9 % | -1.1 % |
ROA | 8.6 % | -0.3 % | 11.5 % | 4.5 % | -0.4 % |
ROE | -17.9 % | -4.4 % | 25.2 % | 5.5 % | -15.2 % |
ROI | 8.6 % | -0.4 % | 18.4 % | 7.5 % | -0.6 % |
Economic value added (EVA) | 29.80 | -14.73 | 13.98 | 0.48 | -9.29 |
Solvency | |||||
Equity ratio | 100.0 % | 33.6 % | 34.9 % | 26.6 % | 20.5 % |
Gearing | 50.5 % | 43.2 % | 108.4 % | 177.0 % | |
Relative net indebtedness % | -0.7 % | 34.7 % | 35.3 % | 37.9 % | 45.0 % |
Liquidity | |||||
Quick ratio | 0.8 | 0.8 | 0.7 | 0.7 | |
Current ratio | 0.9 | 1.0 | 0.8 | 0.8 | |
Cash and cash equivalents | 4.15 | 3.44 | 4.96 | 9.11 | 4.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 65.5 | 76.6 | 61.9 | 63.0 | |
Net working capital % | 26.9 % | -3.7 % | -1.4 % | -5.8 % | -7.9 % |
Credit risk | |||||
Credit rating | A | AA | AAA | AA | A |
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