BOSTON NORDIC GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BOSTON NORDIC GROUP A/S
BOSTON NORDIC GROUP A/S (CVR number: 13907277) is a company from FURESØ. The company reported a net sales of 46.6 mDKK in 2024, demonstrating a growth of 57.6 % compared to the previous year. The operating profit percentage was at 96.2 % (EBIT: 44.8 mDKK), while net earnings were 100.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 56 %, 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 47.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. BOSTON NORDIC GROUP A/S's liquidity measured by quick ratio was 2.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 14.11 | 15.55 | 24.99 | 29.57 | 46.60 |
| Gross profit | 14.02 | 15.45 | 24.75 | 29.25 | 44.83 |
| EBIT | 14.02 | 15.45 | 24.75 | 29.25 | 44.82 |
| Net earnings | 45.22 | 52.51 | 79.95 | 85.89 | 100.09 |
| Shareholders equity total | 79.84 | 102.62 | 144.86 | 83.81 | 120.41 |
| Balance sheet total (assets) | 87.49 | 111.54 | 161.73 | 165.72 | 251.13 |
| Net debt | -18.44 | -0.24 | -28.31 | 59.99 | 58.12 |
| Profitability | |||||
| EBIT-% | 99.4 % | 99.4 % | 99.0 % | 98.9 % | 96.2 % |
| ROA | 65.8 % | 57.1 % | 63.7 % | 58.0 % | 56.0 % |
| ROE | 66.3 % | 57.6 % | 64.6 % | 75.1 % | 98.0 % |
| ROI | 71.5 % | 62.3 % | 70.3 % | 65.0 % | 62.9 % |
| Economic value added (EVA) | 8.10 | 8.05 | 14.15 | 15.55 | 27.46 |
| Solvency | |||||
| Equity ratio | 91.3 % | 92.0 % | 89.6 % | 50.6 % | 47.9 % |
| Gearing | 0.0 % | 0.2 % | 71.6 % | 78.4 % | |
| Relative net indebtedness % | -76.5 % | 55.8 % | -46.8 % | 265.7 % | 183.1 % |
| Liquidity | |||||
| Quick ratio | 6.0 | 5.7 | 3.9 | 4.2 | 2.7 |
| Current ratio | 6.0 | 5.7 | 3.9 | 4.2 | 2.7 |
| Cash and cash equivalents | 18.44 | 0.24 | 28.58 | 0.01 | 36.25 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 269.2 % | 270.3 % | 197.4 % | 202.0 % | 223.8 % |
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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