BORG IT ApS — Credit Rating and Financial Key Figures

CVR number: 28698623
Borggade 22, 6300 Gråsten
tel: 30333966

Credit rating

Company information

Official name
BORG IT ApS
Personnel
6 persons
Established
2005
Company form
Private limited company
Industry

About BORG IT ApS

BORG IT ApS (CVR number: 28698623) is a company from SØNDERBORG. The company recorded a gross profit of 2779.8 kDKK in 2024. The operating profit was 933.4 kDKK, while net earnings were 725.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.8 %, which can be considered excellent and Return on Equity (ROE) was 50.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BORG IT ApS's liquidity measured by quick ratio was 2.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 550.321 555.482 022.572 215.272 779.81
EBIT35.76210.55394.00198.52933.36
Net earnings32.67166.26287.43151.85725.62
Shareholders equity total459.63625.89913.321 065.171 790.79
Balance sheet total (assets)1 742.551 849.841 602.031 910.082 786.58
Net debt-25.26451.05- 430.61- 305.25- 396.60
Profitability
EBIT-%
ROA2.5 %12.9 %22.8 %11.7 %40.8 %
ROE3.7 %30.6 %37.3 %15.3 %50.8 %
ROI4.7 %21.5 %33.2 %18.3 %63.8 %
Economic value added (EVA)-41.26116.06233.6793.85664.23
Solvency
Equity ratio26.4 %33.8 %57.0 %55.8 %64.3 %
Gearing91.6 %96.6 %18.8 %2.9 %3.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.11.91.92.5
Current ratio1.31.22.22.22.8
Cash and cash equivalents446.11153.62602.72336.50462.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:40.8%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.3%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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