Tømrermester Michael Busk ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 43.08 | 240.39 | 190.16 | 362.79 | 238.80 |
EBIT | 43.08 | 165.39 | 90.16 | 184.42 | -64.62 |
Net earnings | 38.67 | 126.39 | 68.55 | 141.61 | -66.48 |
Shareholders equity total | 142.54 | 268.93 | 337.48 | 479.09 | 290.61 |
Balance sheet total (assets) | 215.18 | 512.12 | 594.54 | 692.26 | 422.56 |
Net debt | -94.95 | -11.10 | - 553.68 | - 615.35 | -83.23 |
Profitability | |||||
EBIT-% | |||||
ROA | 24.8 % | 45.5 % | 16.3 % | 28.7 % | -11.4 % |
ROE | 31.4 % | 61.4 % | 22.6 % | 34.7 % | -17.3 % |
ROI | 31.4 % | 72.1 % | 27.0 % | 42.9 % | -16.1 % |
Economic value added (EVA) | 34.39 | 121.16 | 55.06 | 125.21 | -89.57 |
Solvency | |||||
Equity ratio | 66.2 % | 52.5 % | 56.8 % | 69.2 % | 68.8 % |
Gearing | 8.7 % | 13.1 % | 8.0 % | 3.6 % | 0.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.0 | 2.5 | 2.5 | 3.9 | 3.2 |
Current ratio | 3.0 | 2.5 | 2.5 | 3.9 | 3.2 |
Cash and cash equivalents | 107.30 | 46.27 | 580.58 | 632.81 | 84.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BB |
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