BORAS TRADING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BORAS TRADING ApS
BORAS TRADING ApS (CVR number: 36537280) is a company from VORDINGBORG. The company recorded a gross profit of 751.3 kDKK in 2024. The operating profit was -2 kDKK, while net earnings were -10.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. BORAS TRADING ApS's liquidity measured by quick ratio was 1.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 146.27 | 379.10 | 768.78 | 1 014.29 | 751.29 |
| EBIT | 271.20 | 146.24 | - 236.13 | 340.79 | -1.97 |
| Net earnings | 201.83 | 112.87 | - 195.52 | 258.78 | -10.19 |
| Shareholders equity total | 899.70 | 1 012.57 | 667.05 | 925.84 | 915.65 |
| Balance sheet total (assets) | 1 663.24 | 1 930.01 | 1 567.05 | 1 750.58 | 1 683.31 |
| Net debt | - 664.49 | - 983.70 | - 408.44 | - 432.85 | - 508.79 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 16.3 % | 8.2 % | -13.5 % | 20.5 % | -0.1 % |
| ROE | 25.3 % | 11.8 % | -23.3 % | 32.5 % | -1.1 % |
| ROI | 28.9 % | 14.0 % | -24.5 % | 35.0 % | -0.2 % |
| Economic value added (EVA) | 213.49 | 106.12 | - 183.13 | 260.20 | -17.29 |
| Solvency | |||||
| Equity ratio | 58.0 % | 55.7 % | 45.6 % | 55.6 % | 57.4 % |
| Gearing | 8.9 % | 7.9 % | 24.6 % | 19.9 % | 22.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.5 | 1.5 | 0.8 | 1.0 | 1.1 |
| Current ratio | 2.4 | 2.2 | 1.6 | 2.2 | 2.1 |
| Cash and cash equivalents | 744.31 | 1 064.12 | 572.25 | 617.45 | 715.69 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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