BORDING LINK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BORDING LINK A/S
BORDING LINK A/S (CVR number: 19028704) is a company from NORDDJURS. The company recorded a gross profit of 6531 kDKK in 2023. The operating profit was -5062 kDKK, while net earnings were -4435.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.4 %, which can be considered poor and Return on Equity (ROE) was -72.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -21.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. BORDING LINK A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 17 682.00 | 15 272.00 | 9 006.26 | 10 143.57 | 6 531.04 |
EBIT | -5 104.00 | 927.00 | -4 896.91 | -1 866.22 | -5 062.04 |
Net earnings | -4 212.00 | 530.00 | -3 935.39 | -1 655.97 | -4 435.18 |
Shareholders equity total | 6 529.00 | 7 059.00 | 3 123.50 | 1 467.53 | -2 967.66 |
Balance sheet total (assets) | 27 219.00 | 20 335.00 | 15 640.55 | 14 764.73 | 10 843.55 |
Net debt | 6 428.00 | 2 419.00 | 6 664.24 | 8 779.38 | 9 533.12 |
Profitability | |||||
EBIT-% | |||||
ROA | -15.9 % | 3.9 % | -27.2 % | -12.2 % | -35.4 % |
ROE | -48.8 % | 7.8 % | -77.3 % | -72.1 % | -72.1 % |
ROI | -21.7 % | 5.6 % | -37.4 % | -16.3 % | -49.3 % |
Economic value added (EVA) | -4 372.19 | 395.04 | -4 142.15 | -1 593.39 | -4 022.52 |
Solvency | |||||
Equity ratio | 24.0 % | 34.7 % | 20.0 % | 9.9 % | -21.5 % |
Gearing | 98.6 % | 43.4 % | 213.4 % | 598.3 % | -322.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.7 | 0.4 | 0.3 | 0.5 |
Current ratio | 0.9 | 1.0 | 0.8 | 0.7 | 0.5 |
Cash and cash equivalents | 12.00 | 648.00 | 0.61 | 0.60 | 32.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | AA | BBB | BBB | BB |
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