BORDING BELLOWS HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26797462
Brovadvej 1, Erritsø 7000 Fredericia
tel: 75940864

Company information

Official name
BORDING BELLOWS HOLDING ApS
Established
2002
Domicile
Erritsø
Company form
Private limited company
Industry

About BORDING BELLOWS HOLDING ApS

BORDING BELLOWS HOLDING ApS (CVR number: 26797462) is a company from FREDERICIA. The company reported a net sales of 2.7 mDKK in 2023, demonstrating a growth of 671 % compared to the previous year. The operating profit percentage was at 99.1 % (EBIT: 2.6 mDKK), while net earnings were 2847.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.8 %, which can be considered excellent and Return on Equity (ROE) was 25.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BORDING BELLOWS HOLDING ApS's liquidity measured by quick ratio was 5.2 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales414.65-74.84- 252.37345.392 662.81
Gross profit397.85-98.21- 265.92324.502 640.13
EBIT397.85-98.21- 265.92324.502 640.13
Net earnings578.85-9.05- 183.43104.702 847.81
Shareholders equity total10 737.0610 793.6510 271.2210 032.7212 527.12
Balance sheet total (assets)10 777.8110 825.7610 296.6710 038.7213 292.69
Net debt-2 599.82-3 380.92-3 124.33-2 884.89-3 206.17
Profitability
EBIT-%95.9 %94.0 %99.1 %
ROA5.8 %0.1 %-1.5 %3.5 %23.8 %
ROE5.5 %-0.1 %-1.7 %1.0 %25.2 %
ROI5.8 %0.1 %-1.5 %3.5 %24.5 %
Economic value added (EVA)769.80100.93- 154.70475.242 893.43
Solvency
Equity ratio99.6 %99.7 %99.8 %99.9 %94.2 %
Gearing0.3 %0.8 %
Relative net indebtedness %-623.7 %4474.7 %1227.9 %-833.5 %-95.5 %
Liquidity
Quick ratio67.2123.4144.8513.75.2
Current ratio67.2123.4144.8513.75.2
Cash and cash equivalents2 627.093 380.923 124.332 884.893 308.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %18.6 %-1251.3 %-224.9 %62.9 %8.8 %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:23.8%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.2%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chief executive officer

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