Mike Varberg Byg ApS — Credit Rating and Financial Key Figures

CVR number: 39382075
Overholm 54, 8700 Horsens
Free credit report Annual report

Company information

Official name
Mike Varberg Byg ApS
Personnel
3 persons
Established
2018
Company form
Private limited company
Industry

About Mike Varberg Byg ApS

Mike Varberg Byg ApS (CVR number: 39382075) is a company from HORSENS. The company recorded a gross profit of 1330.3 kDKK in 2024. The operating profit was 96.9 kDKK, while net earnings were 80.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent and Return on Equity (ROE) was 40 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.1 %, 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. Mike Varberg Byg ApS's liquidity measured by quick ratio was 1.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 623.762 121.221 928.091 730.981 330.25
EBIT336.8582.2540.21145.5496.94
Net earnings262.6063.2027.24110.6980.46
Shareholders equity total319.81273.01300.25210.94191.40
Balance sheet total (assets)798.59696.77557.69643.34489.53
Net debt- 420.35- 426.36- 223.42- 281.29-30.19
Profitability
EBIT-%
ROA48.9 %11.0 %6.4 %24.2 %17.9 %
ROE120.2 %21.3 %9.5 %43.3 %40.0 %
ROI142.2 %24.2 %12.3 %54.3 %49.0 %
Economic value added (EVA)272.1970.2639.93109.5581.43
Solvency
Equity ratio40.0 %39.2 %53.8 %32.8 %39.1 %
Gearing2.6 %2.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.92.31.61.8
Current ratio2.01.92.31.61.8
Cash and cash equivalents428.62431.72223.42281.2930.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:17.9%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.1%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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