Borg Automotive Newman A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Borg Automotive Newman A/S
Borg Automotive Newman A/S (CVR number: 25799232) is a company from REBILD. The company reported a net sales of 146 mDKK in 2024, demonstrating a growth of 10.3 % compared to the previous year. The operating profit percentage was poor at -25.2 % (EBIT: -36.8 mDKK), while net earnings were -36.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -11.7 %, which can be considered poor and Return on Equity (ROE) was -44.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.6 %, 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. Borg Automotive Newman A/S's liquidity measured by quick ratio was 0.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 200.35 | 214.20 | 256.90 | 132.38 | 146.02 |
Gross profit | 14.47 | 18.64 | 36.67 | -67.04 | -19.43 |
EBIT | 14.47 | 18.64 | 8.79 | -89.77 | -36.78 |
Net earnings | -16.90 | -6.07 | 6.29 | -73.86 | -36.19 |
Shareholders equity total | 19.02 | 166.16 | 171.31 | 97.28 | 63.85 |
Balance sheet total (assets) | 337.48 | 345.73 | 390.29 | 285.54 | 270.15 |
Net debt | 95.71 | 134.85 | 139.91 | ||
Profitability | |||||
EBIT-% | 7.2 % | 8.7 % | 3.4 % | -67.8 % | -25.2 % |
ROA | 4.0 % | 5.5 % | 4.0 % | -24.9 % | -11.7 % |
ROE | -62.0 % | -6.6 % | 3.7 % | -55.0 % | -44.9 % |
ROI | 4.0 % | 5.5 % | 4.6 % | -30.9 % | -13.8 % |
Economic value added (EVA) | 12.68 | 17.69 | -1.33 | -84.68 | -41.23 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 43.9 % | 34.1 % | 23.6 % |
Gearing | 60.6 % | 141.6 % | 228.1 % | ||
Relative net indebtedness % | 82.1 % | 140.0 % | 137.3 % | ||
Liquidity | |||||
Quick ratio | 0.5 | 0.6 | 0.7 | ||
Current ratio | 1.2 | 1.4 | 1.4 | ||
Cash and cash equivalents | 8.09 | 2.87 | 5.77 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 32.3 | 48.5 | 48.9 | ||
Net working capital % | 17.1 % | 31.6 % | 23.1 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | AAA | BBB | BBB |
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