A.E. BORGEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 286.00 | -3 507.00 | 1 851.00 | -6 895.70 | |
Gross profit | -11.00 | 1 269.00 | -3 518.00 | 1 835.00 | -6 907.07 |
EBIT | -11.00 | 1 269.00 | -3 518.00 | 1 835.00 | -6 907.07 |
Net earnings | 828.00 | 998.00 | -2 709.00 | 1 502.00 | -5 281.97 |
Shareholders equity total | 36 674.00 | 37 672.00 | 34 962.00 | 36 464.00 | 31 182.06 |
Balance sheet total (assets) | 40 118.00 | 41 622.00 | 38 148.00 | 39 979.00 | 33 425.15 |
Net debt | -35.00 | -18.00 | -6.00 | - 191.00 | - 180.53 |
Profitability | |||||
EBIT-% | 98.7 % | 99.1 % | |||
ROA | 2.8 % | 3.1 % | -8.7 % | 4.9 % | -18.5 % |
ROE | 2.3 % | 2.7 % | -7.5 % | 4.2 % | -15.6 % |
ROI | 2.8 % | 3.1 % | -8.7 % | 4.9 % | -18.5 % |
Economic value added (EVA) | -1 807.69 | - 851.69 | -2 325.47 | 1 809.01 | -5 065.82 |
Solvency | |||||
Equity ratio | 91.4 % | 90.5 % | 91.6 % | 91.2 % | 93.3 % |
Gearing | |||||
Relative net indebtedness % | -0.5 % | -2.8 % | -8.4 % | 2.5 % | |
Liquidity | |||||
Quick ratio | 397.9 | 417.7 | 44.1 | 128.0 | 435.1 |
Current ratio | 397.9 | 417.7 | 44.1 | 128.0 | 435.1 |
Cash and cash equivalents | 35.00 | 18.00 | 6.00 | 191.00 | 180.53 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 356.5 % | -129.0 % | 247.1 % | -71.6 % | |
Credit risk | |||||
Credit rating | A | A | BBB | A | BBB |
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