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: 13907277) is a company from FURESØ. The company reported a net sales of 29.6 mDKK in 2023, demonstrating a growth of 18.3 % compared to the previous year. The operating profit percentage was at 98.9 % (EBIT: 29.2 mDKK), while net earnings were 85.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 58 %, which can be considered excellent and Return on Equity (ROE) was 75.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.6 %, 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 4.2 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 sales14 111.2815 548.2424 994.8829 565.89
Gross profit-72.1714 024.6515 451.1324 748.7029 249.62
EBIT-72.1714 024.6515 451.1324 748.7029 249.62
Net earnings21 351.1845 224.4352 513.3679 954.8785 887.97
Shareholders equity total56 583.0579 842.86102 617.27144 855.5383 811.50
Balance sheet total (assets)60 676.5187 487.35111 541.96161 730.29165 720.75
Net debt-5 066.21-18 435.80- 241.86-28 312.4659 990.65
Profitability
EBIT-%99.4 %99.4 %99.0 %98.9 %
ROA38.1 %65.8 %57.1 %63.7 %58.0 %
ROE39.5 %66.3 %57.6 %64.6 %75.1 %
ROI40.7 %71.5 %62.3 %70.3 %65.0 %
Economic value added (EVA)- 432.7510 710.3312 629.6818 188.9623 885.54
Solvency
Equity ratio93.3 %91.3 %92.0 %89.6 %50.6 %
Gearing0.0 %0.0 %0.2 %71.6 %
Relative net indebtedness %-76.5 %55.8 %-46.8 %265.7 %
Liquidity
Quick ratio7.86.05.73.94.2
Current ratio7.86.05.73.94.2
Cash and cash equivalents5 074.4418 435.80243.4428 582.2310.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %269.2 %270.3 %197.4 %202.0 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:58.0%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.6%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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