BORGES' ADMINISTRATIONSSERVICE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BORGES' ADMINISTRATIONSSERVICE ApS
BORGES' ADMINISTRATIONSSERVICE ApS (CVR number: 85911112) is a company from HERNING. The company recorded a gross profit of -5.8 kDKK in 2024. The operating profit was -5.8 kDKK, while net earnings were 57.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 76.4 %, 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 4.2 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 | -7.00 | -7.68 | -9.66 | -5.42 | -5.76 |
EBIT | -7.00 | -7.68 | -9.66 | -5.42 | -5.76 |
Net earnings | 75.49 | -16.93 | - 100.90 | -23.29 | 57.89 |
Shareholders equity total | 1 146.24 | 1 129.30 | 1 028.41 | 1 005.11 | 1 063.00 |
Balance sheet total (assets) | 1 469.94 | 1 460.02 | 1 368.78 | 1 335.09 | 1 391.08 |
Net debt | 256.27 | 285.22 | 294.57 | 284.17 | 281.64 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.8 % | -0.5 % | -0.7 % | -0.4 % | 5.4 % |
ROE | 6.8 % | -1.5 % | -9.4 % | -2.3 % | 5.6 % |
ROI | 7.1 % | -0.5 % | -0.7 % | -0.4 % | 5.6 % |
Economic value added (EVA) | -71.01 | -76.52 | -78.61 | -70.70 | -69.28 |
Solvency | |||||
Equity ratio | 78.0 % | 77.3 % | 75.1 % | 75.3 % | 76.4 % |
Gearing | 22.4 % | 25.3 % | 28.6 % | 28.3 % | 26.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.5 | 4.4 | 4.0 | 4.0 | 4.2 |
Current ratio | 4.5 | 4.4 | 4.0 | 4.0 | 4.2 |
Cash and cash equivalents | 0.67 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BB |
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