BORNCUT A/S

CVR number: 37585971
Lillevangsvej 6 D, Rønne 3700 Rønne
mail@borncut.com
tel: 93206325
www.borncut.com

Credit rating

Company information

Official name
BORNCUT A/S
Personnel
9 persons
Established
2016
Domicile
Rønne
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About the company

BORNCUT A/S (CVR number: 37585971) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of 22.7 mDKK in 2023. The operating profit was 13.9 mDKK, while net earnings were 10.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 69.9 %, which can be considered excellent and Return on Equity (ROE) was 68 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BORNCUT A/S's liquidity measured by quick ratio was 11.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit4 711.004 738.0011 181.0018 375.3122 749.72
EBIT1 419.001 468.006 577.0010 229.2813 931.00
Net earnings1 081.001 141.005 130.007 936.6210 876.61
Shareholders equity total4 841.004 983.008 615.0013 552.1118 428.72
Balance sheet total (assets)5 779.005 784.0010 718.0016 024.8023 878.59
Net debt-3 472.00-1 563.00-3 590.00-8 402.79-12 940.16
Profitability
EBIT-%
ROA23.7 %25.4 %80.0 %76.5 %69.9 %
ROE23.8 %23.2 %75.5 %71.6 %68.0 %
ROI30.7 %29.5 %96.8 %91.4 %86.8 %
Economic value added (EVA)1 134.601 121.335 001.817 766.8610 649.71
Solvency
Equity ratio83.8 %86.2 %84.0 %91.5 %92.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio6.56.45.712.511.6
Current ratio7.07.35.17.04.4
Cash and cash equivalents3 472.001 563.003 590.008 402.7912 940.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:69.9%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.0%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member
Board member

Companies in the same industry

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