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Timber Byg ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Timber Byg ApS
Timber Byg ApS (CVR number: 37528757) is a company from FREDERIKSHAVN. The company recorded a gross profit of 939.2 kDKK in 2024. The operating profit was -72.4 kDKK, while net earnings were -60.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.1 %, which can be considered poor and Return on Equity (ROE) was -13 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Timber Byg ApS's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 971.00 | 1 088.15 | 1 191.28 | 1 170.10 | 939.16 |
| EBIT | -10.87 | 26.78 | 333.97 | 216.20 | -72.37 |
| Net earnings | -14.96 | 16.32 | 255.89 | 164.78 | -60.43 |
| Shareholders equity total | 508.36 | 387.68 | 529.16 | 556.94 | 374.51 |
| Balance sheet total (assets) | 961.49 | 743.81 | 1 046.60 | 1 253.92 | 786.58 |
| Net debt | - 766.60 | - 371.01 | - 157.33 | - 771.51 | - 235.94 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -1.3 % | 3.1 % | 37.3 % | 18.8 % | -7.1 % |
| ROE | -2.9 % | 3.6 % | 55.8 % | 30.3 % | -13.0 % |
| ROI | -2.1 % | 5.9 % | 70.7 % | 38.5 % | -15.3 % |
| Economic value added (EVA) | -35.57 | -5.42 | 238.33 | 139.72 | -86.42 |
| Solvency | |||||
| Equity ratio | 52.9 % | 52.1 % | 50.6 % | 44.4 % | 47.6 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.0 | 1.9 | 2.0 | 1.8 | 1.9 |
| Current ratio | 2.0 | 1.9 | 2.0 | 1.8 | 1.9 |
| Cash and cash equivalents | 766.60 | 371.01 | 157.33 | 771.51 | 235.94 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BB | BB | BB |
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