BoVo ApS — Credit Rating and Financial Key Figures

CVR number: 37437328
Stadilvej 17, Stadil 6980 Tim
borring@aol.dk
tel: 22585107

Credit rating

Company information

Official name
BoVo ApS
Established
2016
Domicile
Stadil
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About BoVo ApS

BoVo ApS (CVR number: 37437328) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -175.1 kDKK in 2023. The operating profit was -175.1 kDKK, while net earnings were -198.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.8 %, which can be considered poor and Return on Equity (ROE) was -60 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. BoVo ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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-24.48-24.34-41.64-30.16- 175.10
EBIT-24.48-24.34-41.64-30.16- 175.10
Net earnings-24.50-24.40-42.54-47.66- 198.40
Shareholders equity total294.35269.95477.41429.75231.35
Balance sheet total (assets)551.21583.86831.92931.14931.06
Net debt251.85294.73134.42469.50679.65
Profitability
EBIT-%
ROA-5.0 %-4.3 %-5.9 %-3.4 %-18.8 %
ROE-8.0 %-8.6 %-11.4 %-10.5 %-60.0 %
ROI-5.1 %-4.3 %-5.9 %-3.4 %-18.9 %
Economic value added (EVA)-26.54-19.12-32.93-19.74- 158.10
Solvency
Equity ratio53.4 %46.2 %57.4 %46.2 %24.8 %
Gearing85.6 %114.4 %73.2 %115.5 %300.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.60.10.0
Current ratio0.10.10.60.10.0
Cash and cash equivalents0.0014.17215.0926.8915.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-18.8%
Rating: 1/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.8%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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