By-far ApS — Credit Rating and Financial Key Figures

CVR number: 41107448
Råhøjvej 26, Stavtrup 8260 Viby J

Credit rating

Company information

Official name
By-far ApS
Established
2020
Domicile
Stavtrup
Company form
Private limited company
Industry

About By-far ApS

By-far ApS (CVR number: 41107448) is a company from AARHUS. The company recorded a gross profit of -32 kDKK in 2024. The operating profit was -32 kDKK, while net earnings were 5016.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.7 %, which can be considered good but Return on Equity (ROE) was 57.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.6 %, 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. By-far ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-6.38-10.13-5.25-25.70-32.01
EBIT-6.38-10.13-5.25-25.70-32.01
Net earnings1 096.626 399.73-4 890.633 903.875 016.68
Shareholders equity total1 136.627 536.352 531.726 320.5911 221.27
Balance sheet total (assets)31 423.4739 179.8132 633.0437 088.8343 750.15
Net debt30 241.4929 221.3629 973.9830 585.0532 418.47
Profitability
EBIT-%
ROA4.8 %19.4 %-12.3 %12.6 %13.7 %
ROE96.5 %147.6 %-97.2 %88.2 %57.2 %
ROI4.8 %19.9 %-12.6 %12.6 %13.7 %
Economic value added (EVA)-4.971 482.841 492.241 477.041 508.86
Solvency
Equity ratio3.6 %19.2 %7.8 %17.0 %25.6 %
Gearing2664.1 %396.8 %1187.7 %486.7 %289.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.41.10.30.20.5
Current ratio0.41.10.30.20.5
Cash and cash equivalents39.35683.1395.68177.1926.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:13.7%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.6%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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