A.E. BORGEN A/S — Credit Rating and Financial Key Figures

CVR number: 36399082
Marathonvej 5, 9230 Svenstrup J
Free credit report Annual report

Credit rating

Company information

Official name
A.E. BORGEN A/S
Established
2014
Company form
Limited company
Industry

About A.E. BORGEN A/S

A.E. BORGEN A/S (CVR number: 36399082) is a company from AALBORG. The company reported a net sales of -6.9 mDKK in 2023, demonstrating a decline of -472.5 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -6.9 mDKK), while net earnings were -5282 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.5 %, which can be considered poor and Return on Equity (ROE) was -15.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. A.E. BORGEN A/S's liquidity measured by quick ratio was 435.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 286.00-3 507.001 851.00-6 895.70
Gross profit-11.001 269.00-3 518.001 835.00-6 907.07
EBIT-11.001 269.00-3 518.001 835.00-6 907.07
Net earnings828.00998.00-2 709.001 502.00-5 281.97
Shareholders equity total36 674.0037 672.0034 962.0036 464.0031 182.06
Balance sheet total (assets)40 118.0041 622.0038 148.0039 979.0033 425.15
Net debt-35.00-18.00-6.00- 191.00- 180.53
Profitability
EBIT-%98.7 %99.1 %
ROA2.8 %3.1 %-8.7 %4.9 %-18.5 %
ROE2.3 %2.7 %-7.5 %4.2 %-15.6 %
ROI2.8 %3.1 %-8.7 %4.9 %-18.5 %
Economic value added (EVA)-1 807.69- 851.69-2 325.471 809.01-5 065.82
Solvency
Equity ratio91.4 %90.5 %91.6 %91.2 %93.3 %
Gearing
Relative net indebtedness %-0.5 %-2.8 %-8.4 %2.5 %
Liquidity
Quick ratio397.9417.744.1128.0435.1
Current ratio397.9417.744.1128.0435.1
Cash and cash equivalents35.0018.006.00191.00180.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %356.5 %-129.0 %247.1 %-71.6 %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:-18.5%
Rating: 2/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.3%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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