BØLGEN A/S — Credit Rating and Financial Key Figures

BØLGEN A/S (CVR number: 29387850) is a company from VEJLE. The company recorded a gross profit of -1373.5 kDKK in 2023. The operating profit was -1373.5 kDKK, while net earnings were -1019 kDKK. The profitability of the company measured by Return on Assets (ROA) was -57.5 %, which can be considered poor and Return on Equity (ROE) was -184.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. BØLGEN A/S's liquidity measured by quick ratio was 16.4 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.