BØGSTED A/S — Credit Rating and Financial Key Figures

CVR number: 78227214
Hadsundvej 113-115, 9000 Aalborg
info@boegsted-as.dk
tel: 98134022
www.boegsted-as.dk

Credit rating

Company information

Official name
BØGSTED A/S
Personnel
13 persons
Established
1985
Company form
Limited company
Industry

About BØGSTED A/S

BØGSTED A/S (CVR number: 78227214) is a company from AALBORG. The company recorded a gross profit of 4751.7 kDKK in 2023. The operating profit was 374.1 kDKK, while net earnings were 92.9 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 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 30.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. BØGSTED A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 402.194 754.724 708.924 198.254 751.73
EBIT- 281.86437.20554.89328.04374.07
Net earnings- 539.31104.14294.00106.7092.95
Shareholders equity total1 982.112 086.252 380.252 486.962 579.90
Balance sheet total (assets)22 949.9714 678.5711 008.219 681.208 450.15
Net debt3 493.031 819.74- 657.812 125.93107.36
Profitability
EBIT-%
ROA-1.1 %2.4 %4.3 %3.2 %4.1 %
ROE-24.0 %5.1 %13.2 %4.4 %3.7 %
ROI-2.8 %5.4 %8.5 %6.5 %9.9 %
Economic value added (EVA)- 554.6536.04208.71131.4054.12
Solvency
Equity ratio8.6 %14.2 %21.6 %25.7 %30.5 %
Gearing205.8 %115.0 %5.4 %87.8 %10.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.30.40.20.4
Current ratio1.21.31.61.71.9
Cash and cash equivalents586.55578.62787.2358.76153.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:4.13%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.5%
Rating: 27/100
-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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