BORVE GROUP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BORVE GROUP ApS
BORVE GROUP ApS (CVR number: 29783039) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -8.8 kDKK in 2024. The operating profit was -8.8 kDKK, while net earnings were 12.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -49.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. BORVE GROUP 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -7.55 | -26.28 | -9.00 | -10.59 | -8.75 |
EBIT | -7.55 | -26.28 | -9.00 | -10.59 | -8.75 |
Net earnings | - 217.91 | -28.53 | - 161.70 | -23.97 | 12.73 |
Shareholders equity total | - 311.54 | - 340.07 | - 501.77 | - 525.75 | - 513.02 |
Balance sheet total (assets) | 1 472.59 | 703.12 | 447.48 | 464.08 | 516.93 |
Net debt | -1 292.34 | - 536.06 | - 410.64 | - 464.08 | - 516.93 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.8 % | 2.4 % | 4.8 % | 1.5 % | 5.2 % |
ROE | -11.5 % | -2.6 % | -28.1 % | -5.3 % | 2.6 % |
ROI | |||||
Economic value added (EVA) | -0.66 | -10.63 | 8.09 | 14.63 | 17.67 |
Solvency | |||||
Equity ratio | -17.5 % | -32.6 % | -52.9 % | -53.1 % | -49.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.7 | 0.5 | 0.5 | 0.5 |
Current ratio | 0.8 | 0.7 | 0.5 | 0.5 | 0.5 |
Cash and cash equivalents | 1 292.34 | 536.06 | 410.64 | 464.08 | 516.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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