Tømrermester Michael Busk ApS — Credit Rating and Financial Key Figures

CVR number: 37166642
Hjortekæret 3, 8600 Silkeborg
tel: 86836671

Credit rating

Company information

Official name
Tømrermester Michael Busk ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry

About Tømrermester Michael Busk ApS

Tømrermester Michael Busk ApS (CVR number: 37166642) is a company from SILKEBORG. The company recorded a gross profit of 362.8 kDKK in 2023. The operating profit was 184.4 kDKK, while net earnings were 141.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.7 %, which can be considered excellent and Return on Equity (ROE) was 34.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Tømrermester Michael Busk ApS's liquidity measured by quick ratio was 3.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1.9243.08240.39190.16362.79
EBIT1.9243.08165.3990.16184.42
Net earnings-0.1838.67126.3968.55141.61
Shareholders equity total103.86142.54268.93337.48479.09
Balance sheet total (assets)132.51215.18512.12594.54692.26
Net debt-94.52-94.95-11.10- 553.68- 615.35
Profitability
EBIT-%
ROA1.3 %24.8 %45.5 %16.3 %28.7 %
ROE-0.2 %31.4 %61.4 %22.6 %34.7 %
ROI1.5 %31.4 %72.1 %27.0 %42.9 %
Economic value added (EVA)4.3440.75127.1759.15155.74
Solvency
Equity ratio78.4 %66.2 %52.5 %56.8 %69.2 %
Gearing15.4 %8.7 %13.1 %8.0 %3.6 %
Relative net indebtedness %
Liquidity
Quick ratio4.63.02.52.53.9
Current ratio4.63.02.52.53.9
Cash and cash equivalents110.51107.3046.27580.58632.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:28.7%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.2%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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