BORNERUPS A/S — Credit Rating and Financial Key Figures

CVR number: 21073644
Industrivej 39, 7700 Thisted
faktura@bornerup.dk
tel: 97920733

Company information

Official name
BORNERUPS A/S
Personnel
20 persons
Established
1998
Company form
Limited company
Industry

About BORNERUPS A/S

BORNERUPS A/S (CVR number: 21073644) is a company from THISTED. The company recorded a gross profit of 10.8 mDKK in 2024. The operating profit was 174.3 kDKK, while net earnings were 46.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 16.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. BORNERUPS A/S's liquidity measured by quick ratio was 2.2 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 profit9 594.509 728.6012 238.097 812.8210 830.70
EBIT1 357.61979.593 078.32-2 111.14174.32
Net earnings1 015.34706.202 369.81-1 700.4946.23
Shareholders equity total1 706.531 212.732 869.81-1 200.49845.75
Balance sheet total (assets)8 722.036 887.978 344.332 908.895 228.37
Net debt-4 621.27-3 801.65-3 958.83- 460.731 420.39
Profitability
EBIT-%
ROA18.1 %12.6 %40.5 %-32.9 %4.6 %
ROE84.7 %48.4 %116.1 %-58.9 %2.5 %
ROI67.0 %39.4 %107.7 %-93.9 %10.0 %
Economic value added (EVA)1 023.75909.642 536.33-1 599.94219.09
Solvency
Equity ratio19.8 %19.3 %34.4 %-29.2 %16.2 %
Gearing0.3 %0.3 %1.7 %-10.2 %167.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.62.00.92.2
Current ratio1.41.42.00.92.2
Cash and cash equivalents4 626.783 805.844 006.28583.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBCBB

Variable visualization

ROA:4.62%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.2%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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