BORG IT ApS — Credit Rating and Financial Key Figures

CVR number: 28698623
Borggade 22, 6300 Gråsten
tel: 86110969

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 2215.3 kDKK in 2023. The operating profit was 198.5 kDKK, while net earnings were 151.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good but Return on Equity (ROE) was 15.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.8 %, 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. BORG IT ApS's liquidity measured by quick ratio was 1.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 248.071 550.321 555.482 022.572 215.27
EBIT736.6335.76210.55394.00198.52
Net earnings592.9032.67166.26287.43151.85
Shareholders equity total1 326.96459.63625.89913.321 065.17
Balance sheet total (assets)2 337.381 742.551 849.841 602.031 910.04
Net debt- 413.89-25.26451.05- 430.61- 305.21
Profitability
EBIT-%
ROA38.3 %2.5 %12.9 %22.8 %11.7 %
ROE57.5 %3.7 %30.6 %37.3 %15.3 %
ROI73.4 %4.7 %21.5 %33.2 %18.3 %
Economic value added (EVA)543.90-19.95160.14273.11134.37
Solvency
Equity ratio56.8 %26.4 %33.8 %57.0 %55.8 %
Gearing91.6 %96.6 %18.8 %2.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.21.11.11.91.9
Current ratio2.31.31.22.22.2
Cash and cash equivalents413.89446.11153.62602.72336.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:11.7%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.8%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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