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BOACON ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BOACON ApS
BOACON ApS (CVR number: 32077579) is a company from VORDINGBORG. The company recorded a gross profit of -1.2 kDKK in 2024. The operating profit was -3.7 kDKK, while net earnings were -66 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -23.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BOACON ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 354.49 | 410.84 | 511.21 | 379.90 | -1.19 |
| EBIT | -83.97 | -27.31 | 113.17 | 65.13 | -3.69 |
| Net earnings | -69.57 | -27.14 | 77.13 | 46.29 | -66.04 |
| Shareholders equity total | 222.84 | 195.70 | 272.83 | 319.12 | 253.07 |
| Balance sheet total (assets) | 580.68 | 501.46 | 511.56 | 537.63 | 372.70 |
| Net debt | -45.34 | 65.67 | -3.65 | - 146.38 | 3.26 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -13.9 % | -5.0 % | 22.4 % | 12.5 % | -0.7 % |
| ROE | -27.0 % | -13.0 % | 32.9 % | 15.6 % | -23.1 % |
| ROI | -26.7 % | -9.9 % | 37.4 % | 17.8 % | -0.9 % |
| Economic value added (EVA) | -83.86 | -36.54 | 72.90 | 32.37 | -22.29 |
| Solvency | |||||
| Equity ratio | 38.4 % | 39.0 % | 53.3 % | 59.4 % | 67.9 % |
| Gearing | 31.1 % | 34.0 % | 25.5 % | 22.7 % | 29.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.0 | 0.9 | 1.2 | 1.5 | 1.3 |
| Current ratio | 1.6 | 1.6 | 2.1 | 2.5 | 3.1 |
| Cash and cash equivalents | 114.55 | 0.86 | 73.21 | 218.72 | 71.97 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BB | BB | BB |
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