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BORÅD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BORÅD ApS
BORÅD ApS (CVR number: 28310072) is a company from RUDERSDAL. The company recorded a gross profit of 655 kDKK in 2024. The operating profit was -162.6 kDKK, while net earnings were 592.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 64.2 %, 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. BORÅD ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 734.39 | 881.18 | 768.58 | 774.60 | 655.01 |
| EBIT | - 169.14 | 3 344.88 | -2 618.48 | -99.51 | - 162.58 |
| Net earnings | 5 534.47 | 3 938.30 | 2 104.01 | - 461.94 | 592.71 |
| Shareholders equity total | 27 058.95 | 30 997.25 | 33 101.26 | 32 639.33 | 33 232.04 |
| Balance sheet total (assets) | 51 963.72 | 57 890.45 | 57 779.96 | 56 995.14 | 51 774.08 |
| Net debt | 14 272.58 | 16 122.32 | 17 237.06 | 17 361.30 | 8 093.35 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 13.2 % | 9.5 % | 6.8 % | 1.8 % | 4.1 % |
| ROE | 22.8 % | 13.6 % | 6.6 % | -1.4 % | 1.8 % |
| ROI | 13.3 % | 10.0 % | 6.6 % | 1.9 % | 4.1 % |
| Economic value added (EVA) | -2 049.44 | 85.67 | -4 605.56 | -2 798.21 | -2 741.62 |
| Solvency | |||||
| Equity ratio | 52.1 % | 53.5 % | 57.3 % | 57.3 % | 64.2 % |
| Gearing | 83.6 % | 67.6 % | 58.8 % | 55.7 % | 36.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 4.1 | 3.2 | 2.1 | 2.1 | 0.7 |
| Current ratio | 4.1 | 3.2 | 2.1 | 2.1 | 0.7 |
| Cash and cash equivalents | 8 346.99 | 4 835.48 | 2 218.28 | 816.73 | 4 014.68 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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