bofIT ApS — Credit Rating and Financial Key Figures

CVR number: 36560045
Sarpsborgvej 37, 7600 Struer
bof@bofit.dk
tel: 21723315
www.bofit.dk

Company information

Official name
bofIT ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry

About bofIT ApS

bofIT ApS (CVR number: 36560045) is a company from STRUER. The company recorded a gross profit of 1521.7 kDKK in 2021. The operating profit was 340.1 kDKK, while net earnings were 27.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.2 %, which can be considered excellent but Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -17.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. bofIT 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
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit1 372.221 392.231 450.381 254.381 521.68
EBIT-6.85325.37317.1382.09340.11
Net earnings-28.14220.68226.83- 887.2527.16
Shareholders equity total273.54494.22721.05- 166.20- 119.04
Balance sheet total (assets)1 090.101 253.461 552.811 026.63566.62
Net debt359.78235.50- 243.85- 269.19-20.53
Profitability
EBIT-%
ROA-0.6 %27.8 %22.6 %6.0 %36.2 %
ROE-9.0 %57.5 %37.3 %-101.5 %3.4 %
ROI-1.1 %47.7 %41.0 %19.9 %784.0 %
Economic value added (EVA)-16.20239.60222.7466.03263.88
Solvency
Equity ratio25.1 %39.4 %46.4 %-13.9 %-17.4 %
Gearing131.6 %47.7 %13.2 %-6.3 %-64.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.82.00.90.9
Current ratio1.31.82.00.90.9
Cash and cash equivalents0.33338.81279.6196.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:36.2%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-17.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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