BORGS FLYTTESERVICE ApS — Credit Rating and Financial Key Figures

CVR number: 35245278
Kobbervænget 2, 5492 Vissenbjerg
borgs.service@gmail.com
tel: 81716963
borgs.flyt.dk

Company information

Official name
BORGS FLYTTESERVICE ApS
Personnel
16 persons
Established
2013
Company form
Private limited company
Industry

About BORGS FLYTTESERVICE ApS

BORGS FLYTTESERVICE ApS (CVR number: 35245278) is a company from ASSENS. The company recorded a gross profit of 5935.7 kDKK in 2019. The operating profit was -142.3 kDKK, while net earnings were -101.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.7 %, which can be considered poor and Return on Equity (ROE) was -10.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -23.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. BORGS FLYTTESERVICE ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
Volume
Net sales6 253.74
Gross profit4 054.354 566.825 617.605 935.66
EBIT8.02-17.78- 198.06- 142.31
Net earnings-8.98-43.60- 239.32- 101.70
Shareholders equity total301.48257.88- 111.66- 213.36
Balance sheet total (assets)915.43931.951 265.11684.41
Net debt- 590.03- 294.92296.9358.26
Profitability
EBIT-%-0.3 %
ROA0.9 %-1.9 %-17.2 %-8.7 %
ROE-3.0 %-15.6 %-31.4 %-10.4 %
ROI2.7 %-6.4 %-55.7 %-38.3 %
Economic value added (EVA)5.695.08- 211.66- 112.63
Solvency
Equity ratio32.9 %27.7 %-8.1 %-23.8 %
Gearing-387.6 %-28.3 %
Relative net indebtedness %6.1 %
Liquidity
Quick ratio1.41.10.90.8
Current ratio1.41.10.90.8
Cash and cash equivalents590.03294.92135.872.10
Capital use efficiency
Trade debtors turnover (days)16.0
Net working capital %0.9 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-8.71%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-23.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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