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BOAX HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BOAX HOLDING ApS
BOAX HOLDING ApS (CVR number: 29137218) is a company from AARHUS. The company recorded a gross profit of -13 kDKK in 2025. The operating profit was -13 kDKK, while net earnings were 2292.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 32 %, 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. BOAX HOLDING ApS's liquidity measured by quick ratio was 1.2 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -1 367.68 | - 125.49 | -9.11 | -6.72 | -12.98 |
| EBIT | -1 367.68 | - 125.49 | -9.11 | -6.72 | -12.98 |
| Net earnings | 1 181.29 | 21.50 | -1 021.30 | -1 047.66 | 2 292.63 |
| Shareholders equity total | 54 303.51 | 54 325.01 | 43 303.71 | 42 256.05 | 44 548.67 |
| Balance sheet total (assets) | 144 600.27 | 152 963.27 | 143 556.62 | 138 515.77 | 139 171.80 |
| Net debt | 90 290.97 | 95 652.26 | 90 712.82 | 95 652.30 | 94 498.74 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.9 % | 1.4 % | 0.7 % | 0.7 % | 3.1 % |
| ROE | 2.2 % | 0.0 % | -2.1 % | -2.4 % | 5.3 % |
| ROI | 1.9 % | 1.4 % | 0.7 % | 0.7 % | 3.1 % |
| Economic value added (EVA) | -8 549.37 | -7 363.76 | -7 600.23 | -7 067.81 | -6 966.51 |
| Solvency | |||||
| Equity ratio | 37.6 % | 35.5 % | 30.2 % | 30.5 % | 32.0 % |
| Gearing | 166.3 % | 178.2 % | 224.6 % | 227.6 % | 212.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.3 | 1.3 | 1.2 | 1.2 | 1.2 |
| Current ratio | 1.3 | 1.3 | 1.2 | 1.2 | 1.2 |
| Cash and cash equivalents | 0.03 | 1 129.75 | 6 532.09 | 527.34 | 44.31 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | A |
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