BOE-THERM A/S — Credit Rating and Financial Key Figures

CVR number: 20665882
Industrivænget 1, 5610 Assens
tel: 64712375

Company information

Official name
BOE-THERM A/S
Personnel
13 persons
Established
1998
Company form
Limited company
Industry

About BOE-THERM A/S

BOE-THERM A/S (CVR number: 20665882) is a company from ASSENS. The company recorded a gross profit of 6227.3 kDKK in 2023. The operating profit was 3631.3 kDKK, while net earnings were 2861.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.6 %, which can be considered excellent and Return on Equity (ROE) was 31.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.4 %, 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. BOE-THERM A/S's liquidity measured by quick ratio was 2.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 882.983 752.008 446.007 214.006 227.29
EBIT200.35544.003 427.004 116.003 631.31
Net earnings84.49- 804.002 528.003 173.002 861.07
Shareholders equity total5 295.744 492.007 020.007 693.0010 344.66
Balance sheet total (assets)12 020.7310 578.0012 718.0012 752.0015 154.51
Net debt-1 575.18925.002 131.00-1 140.00-1 125.76
Profitability
EBIT-%
ROA1.8 %-5.3 %29.2 %32.7 %26.6 %
ROE1.6 %-16.4 %43.9 %43.1 %31.7 %
ROI2.2 %-6.7 %36.4 %41.6 %31.4 %
Economic value added (EVA)- 158.06224.762 445.592 762.612 515.38
Solvency
Equity ratio45.4 %42.5 %55.2 %60.3 %68.4 %
Gearing61.5 %80.2 %37.6 %31.1 %22.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.22.31.82.82.7
Current ratio3.13.54.14.84.2
Cash and cash equivalents4 833.262 678.00507.003 529.003 412.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAAAAA

Variable visualization

ROA:26.6%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.4%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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