BOSTON HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BOSTON HOLDING A/S
BOSTON HOLDING A/S (CVR number: 34222037) is a company from KØBENHAVN. The company recorded a gross profit of -1879 kEUR in 2023. The operating profit was -1879 kEUR, while net earnings were -3906 kEUR. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was -5.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.7 %, 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 HOLDING A/S's liquidity measured by quick ratio was 4.4 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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -52.00 | - 123.00 | -80.00 | -90.00 | -1 879.00 |
EBIT | -52.00 | - 123.00 | -80.00 | -90.00 | -1 879.00 |
Net earnings | 33 942.00 | 18 757.00 | -92 587.00 | 17 520.00 | -3 906.00 |
Shareholders equity total | 124 085.00 | 142 842.00 | 50 255.00 | 67 775.00 | 63 869.00 |
Balance sheet total (assets) | 558 647.00 | 498 542.00 | 350 751.00 | 313 414.00 | 280 801.00 |
Net debt | 273 226.00 | 223 651.00 | 186 333.00 | 245 020.00 | 209 219.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.2 % | 6.6 % | -17.6 % | 10.6 % | 6.8 % |
ROE | 31.7 % | 14.1 % | -95.9 % | 29.7 % | -5.9 % |
ROI | 9.2 % | 6.6 % | -20.4 % | 12.8 % | 6.8 % |
Economic value added (EVA) | 25 265.29 | 21 713.39 | 17 762.75 | 15 036.02 | 9 697.37 |
Solvency | |||||
Equity ratio | 22.2 % | 28.7 % | 14.3 % | 21.6 % | 22.7 % |
Gearing | 220.6 % | 156.9 % | 372.3 % | 361.8 % | 337.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.1 | 0.2 | 3.3 | 4.4 |
Current ratio | 1.0 | 1.1 | 0.2 | 3.3 | 4.4 |
Cash and cash equivalents | 541.00 | 426.00 | 762.00 | 194.00 | 6 274.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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