BORN Nordic ApS — Credit Rating and Financial Key Figures

CVR number: 37859818
Landbrugsvej 10 L, Hjallese 5260 Odense S
info@bornnordic.com
www.bornnordic.com

Credit rating

Company information

Official name
BORN Nordic ApS
Personnel
7 persons
Established
2016
Domicile
Hjallese
Company form
Private limited company
Industry

About BORN Nordic ApS

BORN Nordic ApS (CVR number: 37859818) is a company from ODENSE. The company recorded a gross profit of 2701.2 kDKK in 2024. The operating profit was 1016.2 kDKK, while net earnings were 598.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15 %, which can be considered excellent and Return on Equity (ROE) was 34.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.4 %, 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. BORN Nordic ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit829.971 096.231 998.832 166.152 701.23
EBIT445.88176.68667.76527.981 016.17
Net earnings311.08125.35513.96206.16598.37
Shareholders equity total714.55789.911 303.871 435.032 033.40
Balance sheet total (assets)2 691.563 954.946 460.204 903.828 654.99
Net debt755.861 048.772 639.292 227.753 989.84
Profitability
EBIT-%
ROA21.3 %6.0 %15.5 %11.3 %15.0 %
ROE55.6 %16.7 %49.1 %15.1 %34.5 %
ROI34.8 %12.0 %26.6 %16.2 %20.7 %
Economic value added (EVA)285.6163.43426.82196.45603.43
Solvency
Equity ratio26.5 %20.0 %22.3 %29.3 %25.4 %
Gearing105.8 %132.8 %224.3 %158.2 %197.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.50.61.0
Current ratio1.31.21.52.21.6
Cash and cash equivalents285.0841.9520.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:15.0%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.4%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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