Born Aalborg ApS — Credit Rating and Financial Key Figures

CVR number: 41101997
Boulevarden 6, 9000 Aalborg
aal@sellmer-diers.dk
sellmerdiers.dk

Credit rating

Company information

Official name
Born Aalborg ApS
Personnel
17 persons
Established
2020
Company form
Private limited company
Industry

About Born Aalborg ApS

Born Aalborg ApS (CVR number: 41101997) is a company from AALBORG. The company recorded a gross profit of 2777.4 kDKK in 2023. The operating profit was 413.3 kDKK, while net earnings were 179.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 50.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 6 %, 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. Born Aalborg ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit1 115.931 681.121 730.872 777.39
EBIT55.80105.07154.20413.29
Net earnings44.5775.42106.52179.94
Shareholders equity total84.57159.99266.51446.44
Balance sheet total (assets)580.78809.832 052.337 449.86
Net debt- 236.09223.791 234.516 319.21
Profitability
EBIT-%
ROA10.4 %15.1 %10.8 %8.7 %
ROE52.7 %61.7 %49.9 %50.5 %
ROI66.6 %37.6 %15.5 %9.9 %
Economic value added (EVA)43.3589.66115.98308.76
Solvency
Equity ratio14.6 %19.8 %13.0 %6.0 %
Gearing187.5 %465.8 %1428.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.81.00.9
Current ratio0.70.81.00.9
Cash and cash equivalents236.0976.217.0056.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:8.70%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.99%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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