BOLIG-ART ApS — Credit Rating and Financial Key Figures

CVR number: 28861486
Valdemar Poulsensvej 5, 7100 Vejle
jan@bolig-art.dk
tel: 75712571
www.bolig-art.dk

Credit rating

Company information

Official name
BOLIG-ART ApS
Personnel
22 persons
Established
2005
Company form
Private limited company
Industry
  • Expand more icon13Manufacture of textiles

About BOLIG-ART ApS

BOLIG-ART ApS (CVR number: 28861486) is a company from VEJLE. The company recorded a gross profit of 7121 kDKK in 2023. The operating profit was 536.3 kDKK, while net earnings were 428.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent and Return on Equity (ROE) was 24.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. BOLIG-ART ApS's liquidity measured by quick ratio was 1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 472.853 644.335 019.486 862.647 120.99
EBIT343.52289.01503.581 093.48536.31
Net earnings266.71234.50391.13846.68428.47
Shareholders equity total913.231 037.131 315.262 047.551 476.01
Balance sheet total (assets)1 803.802 865.593 288.743 451.353 812.47
Net debt- 132.44- 969.32112.49- 985.59243.46
Profitability
EBIT-%
ROA21.0 %13.1 %16.7 %32.8 %15.3 %
ROE34.2 %24.0 %33.3 %50.4 %24.3 %
ROI40.9 %29.8 %36.4 %57.6 %25.3 %
Economic value added (EVA)233.91189.10389.95801.98365.84
Solvency
Equity ratio50.6 %36.2 %40.0 %59.3 %38.7 %
Gearing7.3 %1.7 %32.7 %1.5 %55.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.21.31.81.0
Current ratio1.81.51.52.31.4
Cash and cash equivalents199.50987.02317.011 016.96568.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:15.3%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.7%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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