BORNHOLMS SPILDEVAND A/S
Credit rating
Company information
About BORNHOLMS SPILDEVAND A/S
BORNHOLMS SPILDEVAND A/S (CVR number: 31582229) is a company from BORNHOLMS REGIONSKOMMUNE. The company reported a net sales of 65.3 mDKK in 2023, demonstrating a decline of -5.4 % compared to the previous year. The operating profit percentage was at 7 % (EBIT: 4.6 mDKK), while net earnings were 11.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BORNHOLMS SPILDEVAND A/S's liquidity measured by quick ratio was 2.2 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 70.93 | 68.11 | 70.57 | 69.10 | 65.34 |
Gross profit | 38.30 | 36.38 | 39.30 | 30.62 | 27.47 |
EBIT | 19.52 | 16.96 | 19.47 | 10.43 | 4.58 |
Net earnings | 19.17 | 17.16 | 30.31 | 6.86 | 11.33 |
Shareholders equity total | 1 022.49 | 1 039.41 | 1 070.94 | 1 079.36 | 1 090.68 |
Balance sheet total (assets) | 1 061.31 | 1 076.79 | 1 114.34 | 1 132.31 | 1 143.21 |
Net debt | -19.57 | -30.06 | -46.08 | -41.05 | -21.05 |
Profitability | |||||
EBIT-% | 27.5 % | 24.9 % | 27.6 % | 15.1 % | 7.0 % |
ROA | 1.9 % | 1.6 % | 1.8 % | 0.9 % | 0.5 % |
ROE | 1.9 % | 1.7 % | 2.9 % | 0.6 % | 1.0 % |
ROI | 1.9 % | 1.6 % | 1.8 % | 1.0 % | 0.5 % |
Economic value added (EVA) | -29.63 | -32.32 | -36.84 | -44.44 | -48.71 |
Solvency | |||||
Equity ratio | 96.3 % | 96.5 % | 96.1 % | 95.3 % | 95.4 % |
Gearing | 1.1 % | 0.1 % | 0.2 % | 0.4 % | 0.7 % |
Relative net indebtedness % | 7.1 % | 4.7 % | -9.5 % | 10.6 % | 35.4 % |
Liquidity | |||||
Quick ratio | 3.4 | 4.7 | 4.4 | 2.6 | 2.2 |
Current ratio | 3.5 | 4.8 | 4.4 | 2.6 | 2.3 |
Cash and cash equivalents | 30.84 | 31.04 | 48.22 | 45.31 | 29.08 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 16.0 | 23.3 | 5.8 | 5.9 | 8.1 |
Net working capital % | 47.8 % | 57.5 % | 83.3 % | 66.6 % | 50.6 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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