Borg & Berg Møbelsnedkeri ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Borg & Berg Møbelsnedkeri ApS
Borg & Berg Møbelsnedkeri ApS (CVR number: 39040530) is a company from KØBENHAVN. The company recorded a gross profit of 1909.2 kDKK in 2022. The operating profit was -20.2 kDKK, while net earnings were -72 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -41 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Borg & Berg Møbelsnedkeri ApS's liquidity measured by quick ratio was 0.6 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 545.63 | 2 262.83 | |||
Gross profit | 596.36 | 833.75 | 2 562.25 | 1 535.56 | 1 909.18 |
EBIT | - 782.13 | - 772.99 | 210.13 | - 553.32 | -20.20 |
Net earnings | - 631.24 | - 655.17 | 135.03 | - 446.71 | -71.96 |
Shareholders equity total | - 581.24 | -1 236.41 | -1 101.38 | -1 548.10 | -1 620.06 |
Balance sheet total (assets) | 775.07 | 827.16 | 1 828.96 | 1 802.97 | 2 329.41 |
Net debt | 1 076.85 | 1 038.42 | -28.49 | 958.53 | 1 360.01 |
Profitability | |||||
EBIT-% | -50.6 % | -34.2 % | |||
ROA | -57.7 % | -45.2 % | 8.4 % | -17.6 % | -0.6 % |
ROE | -81.4 % | -81.8 % | 10.2 % | -24.6 % | -3.5 % |
ROI | -71.3 % | -69.3 % | 37.0 % | -102.3 % | -1.6 % |
Economic value added (EVA) | - 610.59 | - 574.73 | 277.09 | - 330.47 | 68.21 |
Solvency | |||||
Equity ratio | -42.9 % | -59.9 % | -37.6 % | -46.2 % | -41.0 % |
Gearing | -188.7 % | -91.7 % | -69.9 % | -87.0 % | |
Relative net indebtedness % | 86.5 % | 87.0 % | |||
Liquidity | |||||
Quick ratio | 0.2 | 0.3 | 0.3 | 0.5 | 0.6 |
Current ratio | 0.4 | 0.3 | 0.4 | 0.5 | 0.6 |
Cash and cash equivalents | 19.93 | 95.94 | 28.49 | 122.94 | 49.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 24.6 | 10.7 | |||
Net working capital % | -50.9 % | -63.2 % | |||
Credit risk | |||||
Credit rating | BB | B | BB | B | BB |
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