Boligcon A/S — Credit Rating and Financial Key Figures

CVR number: 36914092
Tingvej 8, 7400 Herning

Credit rating

Company information

Official name
Boligcon A/S
Established
2015
Company form
Limited company
Industry

About Boligcon A/S

Boligcon A/S (CVR number: 36914092) is a company from HERNING. The company recorded a gross profit of -38.6 kDKK in 2023. The operating profit was -88.5 kDKK, while net earnings were 64.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 43.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Boligcon A/S's liquidity measured by quick ratio was 1.8 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 profit816.99637.81595.11848.01-38.60
EBIT617.61546.96451.59866.05-88.45
Net earnings477.70427.55348.97676.5064.22
Shareholders equity total958.251 385.811 154.781 481.28865.50
Balance sheet total (assets)1 880.951 941.741 708.672 413.671 988.62
Net debt- 426.10- 809.68- 828.99-1 935.69-1 937.65
Profitability
EBIT-%
ROA48.6 %28.9 %24.8 %42.3 %3.8 %
ROE61.1 %36.5 %27.5 %51.3 %5.5 %
ROI78.9 %47.1 %35.6 %66.0 %7.1 %
Economic value added (EVA)463.04399.65322.90658.88-45.82
Solvency
Equity ratio57.9 %71.4 %69.0 %74.2 %43.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.53.43.34.71.8
Current ratio1.93.43.12.61.8
Cash and cash equivalents426.10809.68828.991 935.691 937.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:3.81%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.5%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Board member

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