BORDERLESS ApS — Credit Rating and Financial Key Figures

BORDERLESS ApS (CVR number: 17866230) is a company from GENTOFTE. The company recorded a gross profit of -71.3 kDKK in 2023. The operating profit was -1626.3 kDKK, while net earnings were 12.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.7 %, which can be considered excellent but Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BORDERLESS ApS's liquidity measured by quick ratio was 404.1 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.