BØLGEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BØLGEN A/S
BØLGEN A/S (CVR number: 29387850) is a company from VEJLE. The company recorded a gross profit of -368 kDKK in 2024. The operating profit was -368 kDKK, while net earnings were -250.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.5 %, which can be considered poor and Return on Equity (ROE) was -30.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.7 %, 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. BØLGEN A/S's liquidity measured by quick ratio was 4.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -4 298.11 | -1 789.54 | -1 861.19 | -1 373.49 | - 367.98 |
EBIT | -4 298.11 | -1 789.54 | -1 861.19 | -1 373.49 | - 367.98 |
Net earnings | -3 575.42 | -1 577.33 | -1 599.90 | -1 019.04 | - 250.67 |
Shareholders equity total | 939.26 | 161.94 | 562.04 | 543.00 | 1 092.33 |
Balance sheet total (assets) | 10 939.74 | 9 468.02 | 2 308.90 | 2 239.17 | 1 894.53 |
Net debt | 6 149.47 | 5 960.38 | -38.98 | -38.26 | -2.15 |
Profitability | |||||
EBIT-% | |||||
ROA | -36.9 % | -17.5 % | -31.6 % | -57.5 % | -15.5 % |
ROE | -491.8 % | -286.5 % | -442.0 % | -184.4 % | -30.7 % |
ROI | -39.4 % | -19.0 % | -34.7 % | -67.6 % | -17.8 % |
Economic value added (EVA) | -3 954.48 | -1 890.25 | -1 902.62 | -1 159.87 | - 392.70 |
Solvency | |||||
Equity ratio | 8.6 % | 1.7 % | 24.3 % | 24.3 % | 57.7 % |
Gearing | 654.8 % | 3742.9 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.1 | 4.2 | 16.4 | 4.8 |
Current ratio | 1.5 | 1.4 | 4.2 | 16.4 | 4.8 |
Cash and cash equivalents | 0.34 | 100.68 | 38.98 | 38.26 | 2.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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