BORG DEVELOPMENT ApS — Credit Rating and Financial Key Figures

BORG DEVELOPMENT ApS (CVR number: 28673663) is a company from NYBORG. The company recorded a gross profit of 1234.7 kDKK in 2024. The operating profit was 1003.4 kDKK, while net earnings were 3514.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.7 %, which can be considered excellent and Return on Equity (ROE) was 35 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.2 %, 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. BORG DEVELOPMENT ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.