Byens Teknik ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Byens Teknik ApS
Byens Teknik ApS (CVR number: 37904503) is a company from AABENRAA. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a decline of -28 % compared to the previous year. The operating profit percentage was at 1.9 % (EBIT: 0 mDKK), while net earnings were 7.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 59.3 %, 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. Byens Teknik ApS's liquidity measured by quick ratio was 2.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 506.37 | 600.04 | 792.61 | 1 003.91 | 723.10 |
Gross profit | 361.57 | 442.94 | 639.70 | 762.66 | 493.63 |
EBIT | -24.15 | 4.55 | 191.61 | 283.19 | 13.60 |
Net earnings | -20.58 | 1.42 | 143.31 | 214.74 | 7.85 |
Shareholders equity total | 67.07 | 68.49 | 211.80 | 326.53 | 234.38 |
Balance sheet total (assets) | 200.86 | 178.49 | 372.86 | 576.54 | 394.94 |
Net debt | - 123.99 | -91.75 | - 267.53 | - 409.13 | - 281.31 |
Profitability | |||||
EBIT-% | -4.8 % | 0.8 % | 24.2 % | 28.2 % | 1.9 % |
ROA | -12.9 % | 2.4 % | 69.5 % | 59.7 % | 2.8 % |
ROE | -26.6 % | 2.1 % | 102.3 % | 79.8 % | 2.8 % |
ROI | -31.2 % | 6.7 % | 129.7 % | 96.3 % | 4.4 % |
Economic value added (EVA) | -21.25 | 7.41 | 147.45 | 220.79 | 15.34 |
Solvency | |||||
Equity ratio | 33.4 % | 38.4 % | 56.8 % | 56.6 % | 59.3 % |
Gearing | 7.2 % | 10.6 % | 7.8 % | ||
Relative net indebtedness % | 1.9 % | 3.0 % | -15.4 % | -19.3 % | -19.2 % |
Liquidity | |||||
Quick ratio | 1.5 | 1.6 | 2.1 | 2.2 | 2.4 |
Current ratio | 1.5 | 1.6 | 2.1 | 2.2 | 2.4 |
Cash and cash equivalents | 123.99 | 91.75 | 282.80 | 443.75 | 299.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 31.2 | 31.6 | 25.4 | 41.0 | |
Net working capital % | 13.2 % | 11.4 % | 22.9 % | 30.5 % | 31.0 % |
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
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