Borgnæs Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38860275
Skærbæksmøllevej 20, 5500 Middelfart

Credit rating

Company information

Official name
Borgnæs Holding ApS
Established
2017
Company form
Private limited company
Industry

About Borgnæs Holding ApS

Borgnæs Holding ApS (CVR number: 38860275) is a company from MIDDELFART. The company recorded a gross profit of -33.1 kDKK in 2023. The operating profit was -33.1 kDKK, while net earnings were 457.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Borgnæs Holding ApS's liquidity measured by quick ratio was 63.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-18.30-20.44-38.57-31.58-33.07
EBIT-18.30-20.44-38.57-31.58-33.07
Net earnings3 335.95351.59798.55-2 125.14457.54
Shareholders equity total14 238.7314 480.3214 953.8612 578.7312 786.26
Balance sheet total (assets)15 519.5614 524.7615 241.5312 675.1612 992.22
Net debt-10 982.84-10 840.03-14 316.02-10 685.82-12 942.99
Profitability
EBIT-%
ROA26.7 %3.4 %7.3 %2.9 %3.8 %
ROE26.5 %2.4 %5.4 %-15.4 %3.6 %
ROI27.1 %3.4 %7.3 %2.9 %3.8 %
Economic value added (EVA)- 565.41- 787.98- 757.72- 783.01- 665.15
Solvency
Equity ratio91.7 %99.7 %98.1 %99.2 %98.4 %
Gearing7.9 %
Relative net indebtedness %
Liquidity
Quick ratio12.1326.953.0131.463.1
Current ratio12.1326.953.0131.463.1
Cash and cash equivalents12 109.1010 840.0314 316.0210 685.8212 942.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:3.80%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.4%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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