B.T.B. OLIE A/S — Credit Rating and Financial Key Figures

CVR number: 21634077
Byrumvej 71, Byrum 9940 Læsø
btbolie@gmail.com
tel: 40213856

Company information

Official name
B.T.B. OLIE A/S
Personnel
11 persons
Established
1999
Domicile
Byrum
Company form
Limited company
Industry

About B.T.B. OLIE A/S

B.T.B. OLIE A/S (CVR number: 21634077) is a company from LÆSØ. The company recorded a gross profit of 7779.6 kDKK in 2023. The operating profit was 1270.1 kDKK, while net earnings were 746.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.9 %, which can be considered good but Return on Equity (ROE) was 18.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 5.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. B.T.B. OLIE A/S's liquidity measured by quick ratio was 0.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit9 532.047 615.536 786.356 636.217 779.62
EBIT-1 041.27245.08396.57291.401 270.14
Net earnings-1 158.7760.17202.3698.56746.87
Shareholders equity total- 627.36- 567.19- 364.83- 266.27480.60
Balance sheet total (assets)7 952.226 422.896 579.847 618.959 243.05
Net debt1 544.16895.671 345.771 721.803 376.14
Profitability
EBIT-%
ROA-9.5 %3.1 %5.7 %4.0 %14.9 %
ROE-27.3 %0.8 %3.1 %1.4 %18.4 %
ROI-13.5 %5.7 %10.6 %7.4 %24.2 %
Economic value added (EVA)- 850.57210.83336.71228.471 002.91
Solvency
Equity ratio-7.3 %-8.1 %-5.3 %-3.4 %5.2 %
Gearing-246.1 %-208.3 %-368.9 %-646.6 %702.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.50.40.40.6
Current ratio0.40.50.40.50.6
Cash and cash equivalents285.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:14.9%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.20%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Chief executive officer

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