Credit rating
Company information
About BOSTON GROUP A/S
BOSTON GROUP A/S (CVR number: 19196003) is a company from FURESØ. The company recorded a gross profit of 61.3 mDKK in 2023. The operating profit was 47.6 mDKK, while net earnings were 35.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 24.6 %, which can be considered excellent and Return on Equity (ROE) was 64.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25 %, 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. BOSTON GROUP A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 24 009.30 | 28 076.43 | 28 893.17 | 47 015.88 | 61 335.54 |
EBIT | 18 244.00 | 20 413.00 | 19 597.87 | 35 967.98 | 47 595.29 |
Net earnings | 14 018.00 | 15 833.00 | 25 513.97 | 35 144.50 | |
Shareholders equity total | 18 522.00 | 20 355.00 | 45 235.73 | 54 749.70 | 54 894.20 |
Balance sheet total (assets) | 59 972.00 | 94 943.00 | 145 782.16 | 170 067.19 | 219 411.53 |
Net debt | -4 340.64 | 10 389.66 | 43 876.22 | 23 924.71 | 27 947.77 |
Profitability | |||||
EBIT-% | |||||
ROA | 34.3 % | 26.4 % | 16.3 % | 22.8 % | 24.6 % |
ROE | 82.4 % | 81.5 % | 51.0 % | 64.1 % | |
ROI | 61.0 % | 55.2 % | 31.0 % | 44.0 % | 52.9 % |
Economic value added (EVA) | 13 636.67 | 15 325.11 | 13 079.09 | 26 023.51 | 33 788.91 |
Solvency | |||||
Equity ratio | 30.9 % | 21.4 % | 28.0 % | 32.2 % | 25.0 % |
Gearing | 10.5 % | 69.4 % | 108.2 % | 44.7 % | 83.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.3 | 0.2 | 0.1 | 0.3 |
Current ratio | 1.9 | 1.4 | 1.3 | 1.5 | 1.3 |
Cash and cash equivalents | 6 277.97 | 3 730.50 | 5 084.92 | 559.98 | 17 733.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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