BØRNERINGENS FOND — Credit Rating and Financial Key Figures
Credit rating
Company information
About BØRNERINGENS FOND
BØRNERINGENS FOND (CVR number: 21277096) is a company from KØBENHAVN. The company recorded a gross profit of 1971 kDKK in 2024. The operating profit was 225.8 kDKK, while net earnings were -315.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.9 %, 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. BØRNERINGENS FOND's liquidity measured by quick ratio was 0.6 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 | 3 449.34 | 3 515.40 | |||
Gross profit | 2 439.79 | 2 472.00 | 2 464.02 | 3 451.03 | 1 971.00 |
EBIT | 1 084.72 | 894.14 | 771.39 | 1 649.07 | 225.79 |
Net earnings | - 347.94 | - 257.02 | 158.72 | 1 070.15 | - 315.34 |
Shareholders equity total | 9 311.18 | 8 274.70 | 8 313.42 | 9 204.56 | 8 428.88 |
Balance sheet total (assets) | 38 763.26 | 36 815.22 | 35 255.92 | 36 180.20 | 33 893.74 |
Net debt | 26 333.69 | 25 897.78 | 18 349.95 | 14 111.51 | 14 679.73 |
Profitability | |||||
EBIT-% | 31.4 % | 25.4 % | |||
ROA | 3.0 % | 2.4 % | 2.1 % | 4.6 % | 0.7 % |
ROE | -3.5 % | -2.9 % | 1.9 % | 12.2 % | -3.6 % |
ROI | 3.1 % | 2.4 % | 2.4 % | 6.1 % | 0.9 % |
Economic value added (EVA) | - 532.46 | -1 267.45 | -1 194.85 | 262.46 | -1 096.23 |
Solvency | |||||
Equity ratio | 24.0 % | 22.5 % | 23.6 % | 25.4 % | 24.9 % |
Gearing | 306.6 % | 328.4 % | 231.9 % | 185.4 % | 191.5 % |
Relative net indebtedness % | 789.7 % | 775.5 % | |||
Liquidity | |||||
Quick ratio | 1.2 | 0.5 | 0.2 | 1.0 | 0.6 |
Current ratio | 1.2 | 0.5 | 0.2 | 1.0 | 0.6 |
Cash and cash equivalents | 2 211.70 | 1 279.19 | 930.88 | 2 956.50 | 1 462.39 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 11.6 % | -33.6 % | |||
Credit risk | |||||
Credit rating | A | A | BBB | A | BBB |
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