Boyum IT Solutions A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Boyum IT Solutions A/S
Boyum IT Solutions A/S (CVR number: 37868809K) is a company from AARHUS. The company reported a net sales of 180.8 mDKK in 2023, demonstrating a growth of 28.3 % compared to the previous year. The operating profit percentage was at 20.3 % (EBIT: 36.8 mDKK), while net earnings were 17.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.1 %, which can be considered excellent but Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 68.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Boyum IT Solutions A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 106.58 | 113.80 | 132.98 | 140.99 | 180.84 |
Gross profit | 106.58 | 113.80 | 132.98 | 121.62 | 153.89 |
EBIT | 9.75 | 20.49 | 35.34 | 39.28 | 36.78 |
Net earnings | 2.82 | 9.54 | 23.76 | 24.84 | 17.45 |
Shareholders equity total | 48.96 | 41.78 | 67.31 | 94.22 | 190.66 |
Balance sheet total (assets) | 119.10 | 92.89 | 104.67 | 108.60 | 305.77 |
Net debt | -35.38 | -20.52 | |||
Profitability | |||||
EBIT-% | 9.1 % | 18.0 % | 26.6 % | 27.9 % | 20.3 % |
ROA | 8.2 % | 19.3 % | 35.8 % | 37.7 % | 18.1 % |
ROE | 5.8 % | 21.0 % | 43.6 % | 30.8 % | 12.3 % |
ROI | 8.2 % | 19.3 % | 35.8 % | 39.9 % | 21.9 % |
Economic value added (EVA) | 9.75 | 18.03 | 33.24 | 23.34 | 23.39 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 86.8 % | 68.8 % |
Gearing | |||||
Relative net indebtedness % | -14.9 % | 29.8 % | |||
Liquidity | |||||
Quick ratio | 7.0 | 1.2 | |||
Current ratio | 7.0 | 1.2 | |||
Cash and cash equivalents | 35.38 | 20.52 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 34.8 | 30.3 | |||
Net working capital % | 50.0 % | 6.0 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | AAA |
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