Borg & Berg Møbelsnedkeri ApS — Credit Rating and Financial Key Figures

CVR number: 39040530
Bådehavnsgade 4, 2450 København SV

Company information

Official name
Borg & Berg Møbelsnedkeri ApS
Personnel
11 persons
Established
2017
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales1 545.632 262.83
Gross profit596.36833.752 562.251 535.561 909.18
EBIT- 782.13- 772.99210.13- 553.32-20.20
Net earnings- 631.24- 655.17135.03- 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)775.07827.161 828.961 802.972 329.41
Net debt1 076.851 038.42-28.49958.531 360.01
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- 574.73277.09- 330.4768.21
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 ratio0.20.30.30.50.6
Current ratio0.40.30.40.50.6
Cash and cash equivalents19.9395.9428.49122.9449.95
Capital use efficiency
Trade debtors turnover (days)24.610.7
Net working capital %-50.9 %-63.2 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-0.55%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-41.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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