BYG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BYG ApS
BYG ApS (CVR number: 29625255) is a company from SYDDJURS. The company recorded a gross profit of -105.1 kDKK in 2024. The operating profit was -1085.5 kDKK, while net earnings were -1045.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.6 %, which can be considered poor and Return on Equity (ROE) was -65.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. BYG ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 219.70 | 158.10 | - 512.89 | - 575.81 | - 105.13 |
| EBIT | 552.03 | 111.68 | - 729.65 | - 735.41 | -1 085.52 |
| Net earnings | 423.81 | 77.45 | - 593.21 | - 643.35 | -1 045.36 |
| Shareholders equity total | 3 288.71 | 3 366.16 | 2 772.95 | 2 129.59 | 1 084.23 |
| Balance sheet total (assets) | 5 089.37 | 12 045.57 | 16 189.91 | 15 846.81 | 4 512.12 |
| Net debt | 832.87 | 4 363.31 | 12 064.06 | 8 549.93 | 1 590.90 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 13.2 % | 1.3 % | -5.2 % | -4.6 % | -10.6 % |
| ROE | 13.8 % | 2.3 % | -19.3 % | -26.2 % | -65.1 % |
| ROI | 14.5 % | 1.7 % | -5.9 % | -4.6 % | -11.1 % |
| Economic value added (EVA) | 286.62 | - 152.49 | -1 009.27 | -1 457.19 | -1 829.18 |
| Solvency | |||||
| Equity ratio | 64.6 % | 27.9 % | 17.1 % | 13.4 % | 24.0 % |
| Gearing | 40.6 % | 153.7 % | 476.4 % | 611.4 % | 235.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.6 | 0.7 | 0.7 | 1.0 | 1.1 |
| Current ratio | 0.6 | 0.7 | 0.7 | 1.0 | 1.1 |
| Cash and cash equivalents | 503.01 | 811.68 | 1 146.05 | 4 470.18 | 960.58 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BB |
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