BORGTOFT ApS
Credit rating
Company information
About BORGTOFT ApS
BORGTOFT ApS (CVR number: 25946596) is a company from ODENSE. The company recorded a gross profit of 0 kDKK in 2022, demonstrating a decline of -100 % compared to the previous year. The operating profit was -4.6 kDKK, while net earnings were -0.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -49.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. BORGTOFT ApS's liquidity measured by quick ratio was 0.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 95.79 | ||||
Gross profit | 125.67 | 7.35 | |||
EBIT | - 333.79 | - 301.85 | -22.06 | -28.24 | -4.63 |
Net earnings | - 354.40 | - 329.04 | -39.52 | -24.90 | -0.19 |
Shareholders equity total | -58.74 | - 387.78 | - 427.30 | - 452.20 | - 452.39 |
Balance sheet total (assets) | 857.56 | 519.85 | 472.70 | 464.85 | 466.98 |
Net debt | 157.51 | 524.87 | 615.69 | 804.16 | 806.80 |
Profitability | |||||
EBIT-% | -29.5 % | ||||
ROA | -27.5 % | -32.6 % | -2.4 % | -2.7 % | -0.0 % |
ROE | -61.5 % | -47.8 % | -8.0 % | -5.3 % | -0.0 % |
ROI | -31.5 % | -35.5 % | -2.6 % | -2.9 % | -0.0 % |
Economic value added (EVA) | - 274.88 | - 265.17 | 13.46 | 5.16 | 20.56 |
Solvency | |||||
Equity ratio | -6.4 % | -42.7 % | -47.5 % | -49.3 % | -49.2 % |
Gearing | -1410.9 % | -217.6 % | -199.7 % | -188.7 % | -188.6 % |
Relative net indebtedness % | 906.1 % | ||||
Liquidity | |||||
Quick ratio | 0.9 | 0.6 | 0.5 | 0.5 | 0.5 |
Current ratio | 0.9 | 0.6 | 0.5 | 0.5 | 0.5 |
Cash and cash equivalents | 671.31 | 318.97 | 237.52 | 49.05 | 46.41 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -472.1 % | ||||
Credit risk | |||||
Credit rating | B | B | B | B | B |
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