BOSTON NORDIC GROUP A/S — Credit Rating and Financial Key Figures

CVR number: 13907277
Lucernemarken 9, 3520 Farum

Company information

Official name
BOSTON NORDIC GROUP A/S
Established
1990
Company form
Limited company
Industry

About BOSTON NORDIC GROUP A/S

BOSTON NORDIC GROUP A/S (CVR number: 13907277K) is a company from FURESØ. The company reported a net sales of 1794.2 mDKK in 2024, demonstrating a growth of 59.5 % compared to the previous year. The operating profit percentage was at 7.8 % (EBIT: 139.7 mDKK), while net earnings were 100.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 32.3 %, which can be considered excellent and Return on Equity (ROE) was 98 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.3 %, 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. BOSTON NORDIC GROUP A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales525.56598.44931.261 124.851 794.16
Gross profit73.1085.14124.76141.90177.76
EBIT59.6967.54101.48112.33139.75
Net earnings45.5652.5179.9585.89100.09
Shareholders equity total80.29102.62144.8683.81120.41
Balance sheet total (assets)173.35229.50276.43300.51565.92
Net debt-13.127.47-61.2638.4627.46
Profitability
EBIT-%11.4 %11.3 %10.9 %10.0 %7.8 %
ROA38.5 %33.6 %40.5 %39.9 %32.3 %
ROE66.8 %57.6 %64.6 %75.1 %98.0 %
ROI64.1 %59.4 %75.0 %78.8 %84.8 %
Economic value added (EVA)42.3747.9473.2679.02101.87
Solvency
Equity ratio46.3 %44.7 %52.4 %27.9 %21.3 %
Gearing14.2 %18.7 %0.2 %73.4 %53.2 %
Relative net indebtedness %11.3 %18.4 %7.4 %17.2 %22.8 %
Liquidity
Quick ratio1.10.90.90.80.4
Current ratio2.01.92.11.91.5
Cash and cash equivalents24.5211.7761.5823.0936.58
Capital use efficiency
Trade debtors turnover (days)45.855.220.428.920.9
Net working capital %16.5 %17.6 %15.6 %12.5 %9.8 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:32.3%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.3%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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