BORGEN ApS — Credit Rating and Financial Key Figures

CVR number: 26996619
Sankt Annæ Plads 19 B, 1250 København K
mj@mjk.as

Company information

Official name
BORGEN ApS
Established
2004
Company form
Private limited company
Industry

About BORGEN ApS

BORGEN ApS (CVR number: 26996619) is a company from KØBENHAVN. The company recorded a gross profit of 1398.4 kDKK in 2024. The operating profit was 1414.2 kDKK, while net earnings were 672.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 36.1 %, 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. BORGEN ApS's liquidity measured by quick ratio was 14.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit160.631 103.221 366.331 463.321 398.42
EBIT8 503.273 130.231 351.74524.391 414.21
Net earnings6 287.692 150.08759.69176.06672.68
Shareholders equity total14 501.2316 651.3117 410.9917 587.0518 259.73
Balance sheet total (assets)49 122.8444 423.9845 594.9649 945.6850 641.33
Net debt26 958.1922 413.6521 734.9621 425.0221 287.07
Profitability
EBIT-%
ROA23.2 %6.9 %3.2 %1.4 %3.4 %
ROE55.4 %13.8 %4.5 %1.0 %3.8 %
ROI23.3 %7.0 %3.2 %1.4 %3.4 %
Economic value added (EVA)5 284.836.02-1 141.88-1 844.32-1 301.62
Solvency
Equity ratio29.5 %37.5 %38.2 %35.2 %36.1 %
Gearing207.4 %139.4 %134.6 %160.2 %154.8 %
Relative net indebtedness %
Liquidity
Quick ratio32.49.48.218.914.2
Current ratio32.49.48.218.913.7
Cash and cash equivalents3 111.53800.631 704.746 749.516 983.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.42%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.1%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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