Tømrermester Michael Busk ApS — Credit Rating and Financial Key Figures

CVR number: 37166642
Hjortekæret 3, 8600 Silkeborg
tel: 86836671
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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 238.8 kDKK in 2024. The operating profit was -64.6 kDKK, while net earnings were -66.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.4 %, which can be considered poor and Return on Equity (ROE) was -17.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.8 %, 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 3.2 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 profit43.08240.39190.16362.79238.80
EBIT43.08165.3990.16184.42-64.62
Net earnings38.67126.3968.55141.61-66.48
Shareholders equity total142.54268.93337.48479.09290.61
Balance sheet total (assets)215.18512.12594.54692.26422.56
Net debt-94.95-11.10- 553.68- 615.35-83.23
Profitability
EBIT-%
ROA24.8 %45.5 %16.3 %28.7 %-11.4 %
ROE31.4 %61.4 %22.6 %34.7 %-17.3 %
ROI31.4 %72.1 %27.0 %42.9 %-16.1 %
Economic value added (EVA)34.39121.1655.06125.21-89.57
Solvency
Equity ratio66.2 %52.5 %56.8 %69.2 %68.8 %
Gearing8.7 %13.1 %8.0 %3.6 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio3.02.52.53.93.2
Current ratio3.02.52.53.93.2
Cash and cash equivalents107.3046.27580.58632.8184.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-11.4%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.8%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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