BORRING HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 20958537
Fredens Allé 3, Dalum 5250 Odense SV

Company information

Official name
BORRING HOLDING A/S
Personnel
1 person
Established
1998
Domicile
Dalum
Company form
Limited company
Industry

About BORRING HOLDING A/S

BORRING HOLDING A/S (CVR number: 20958537) is a company from ODENSE. The company recorded a gross profit of -25755.5 kDKK in 2023. The operating profit was -27.3 mDKK, while net earnings were 19.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BORRING HOLDING A/S's liquidity measured by quick ratio was 1402.8 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 profit- 544.67- 434.29-1 859.17-25 755.45
EBIT- 544.67- 510.09- 434.29-2 111.10-27 265.08
Net earnings54 657.7939 358.34523 743.43-45 495.1219 317.74
Shareholders equity total214 894.97252 161.04774 843.47724 126.69742 969.43
Balance sheet total (assets)218 056.19258 048.94803 464.67724 298.99743 263.79
Net debt-74 819.50-86 508.48- 576 591.13- 405 217.72- 388 948.40
Profitability
EBIT-%
ROA29.9 %21.6 %100.3 %3.3 %3.7 %
ROE28.3 %16.9 %102.0 %-6.1 %2.6 %
ROI30.2 %21.8 %100.8 %3.3 %3.7 %
Economic value added (EVA)2 103.762 243.63- 122.52-5 629.86-31 155.66
Solvency
Equity ratio98.6 %97.7 %96.4 %100.0 %100.0 %
Gearing2.3 %3.1 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio27.520.221.02 465.21 402.8
Current ratio27.520.221.02 465.21 402.8
Cash and cash equivalents74 819.5092 386.38600 741.11405 217.76388 948.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:3.73%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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