Borigo ApS — Credit Rating and Financial Key Figures

CVR number: 32354750
Venøgade 11, 2100 København Ø
Free credit report Annual report

Company information

Official name
Borigo ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit124.94171.61301.1999.73180.36
EBIT1.9415.65-21.28-4.889.96
Net earnings1.4110.69-18.25-4.237.96
Shareholders equity total59.0169.7051.4547.2355.18
Balance sheet total (assets)232.69169.47102.4583.5397.84
Net debt- 228.38- 145.38-63.841.37-7.83
Profitability
EBIT-%
ROA0.8 %7.8 %-15.7 %-5.2 %11.0 %
ROE2.4 %16.6 %-30.1 %-8.6 %15.5 %
ROI3.3 %23.9 %-34.4 %-9.7 %19.2 %
Economic value added (EVA)10.9921.58-12.71-3.405.58
Solvency
Equity ratio25.4 %41.1 %50.2 %56.5 %56.4 %
Gearing3.6 %2.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.72.02.32.3
Current ratio1.31.72.02.32.3
Cash and cash equivalents228.38147.8763.847.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:11.0%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.4%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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