Borigo ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Borigo ApS
Borigo ApS (CVR number: 32354750) is a company from KØBENHAVN. The company recorded a gross profit of 180.4 kDKK in 2023. The operating profit was 10 kDKK, while net earnings were 8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 15.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.4 %, 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. Borigo ApS's liquidity measured by quick ratio was 2.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 124.94 | 171.61 | 301.19 | 99.73 | 180.36 |
EBIT | 1.94 | 15.65 | -21.28 | -4.88 | 9.96 |
Net earnings | 1.41 | 10.69 | -18.25 | -4.23 | 7.96 |
Shareholders equity total | 59.01 | 69.70 | 51.45 | 47.23 | 55.18 |
Balance sheet total (assets) | 232.69 | 169.47 | 102.45 | 83.53 | 97.84 |
Net debt | - 228.38 | - 145.38 | -63.84 | 1.37 | -7.83 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.8 % | 7.8 % | -15.7 % | -5.2 % | 11.0 % |
ROE | 2.4 % | 16.6 % | -30.1 % | -8.6 % | 15.5 % |
ROI | 3.3 % | 23.9 % | -34.4 % | -9.7 % | 19.2 % |
Economic value added (EVA) | 10.99 | 21.58 | -12.71 | -3.40 | 5.58 |
Solvency | |||||
Equity ratio | 25.4 % | 41.1 % | 50.2 % | 56.5 % | 56.4 % |
Gearing | 3.6 % | 2.9 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.7 | 2.0 | 2.3 | 2.3 |
Current ratio | 1.3 | 1.7 | 2.0 | 2.3 | 2.3 |
Cash and cash equivalents | 228.38 | 147.87 | 63.84 | 7.83 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BB |
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