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 -3360.7 kDKK in 2024. The operating profit was -3926 kDKK, while net earnings were -25.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.7 %, which can be considered excellent but Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.8 %, 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 283 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 profit- 434.29-1 859.17-25 755.45-3 360.72
EBIT- 510.09- 434.29-2 111.10-27 265.08-3 926.04
Net earnings39 358.34523 743.43-45 495.1219 317.74-25 459.89
Shareholders equity total252 161.04774 843.47724 126.69742 969.43703 509.54
Balance sheet total (assets)258 048.94803 464.67724 298.99743 263.79704 842.90
Net debt-86 508.48- 576 591.13- 405 217.72- 388 948.40- 368 509.85
Profitability
EBIT-%
ROA21.6 %100.3 %3.3 %3.7 %18.7 %
ROE16.9 %102.0 %-6.1 %2.6 %-3.5 %
ROI21.8 %100.8 %3.3 %3.7 %-1.8 %
Economic value added (EVA)-11 314.70-13 394.53-41 793.46-58 446.53-40 121.70
Solvency
Equity ratio97.7 %96.4 %100.0 %100.0 %99.8 %
Gearing2.3 %3.1 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio20.221.02 465.21 402.8283.0
Current ratio20.221.02 465.21 402.8283.0
Cash and cash equivalents92 386.38600 741.11405 217.76388 948.40368 509.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBA

Variable visualization

ROA:18.7%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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