BORGES' ADMINISTRATIONSSERVICE ApS — Credit Rating and Financial Key Figures

BORGES' ADMINISTRATIONSSERVICE ApS (CVR number: 85911112) is a company from HERNING. The company recorded a gross profit of -5.4 kDKK in 2023. The operating profit was -5.4 kDKK, while net earnings were -23.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BORGES' ADMINISTRATIONSSERVICE ApS's liquidity measured by quick ratio was 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.