Vormstrup Byg ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vormstrup Byg ApS
Vormstrup Byg ApS (CVR number: 37762881) is a company from FREDERIKSHAVN. The company recorded a gross profit of 270.4 kDKK in 2023. The operating profit was -35.1 kDKK, while net earnings were -42 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.6 %, which can be considered poor and Return on Equity (ROE) was -25.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37 %, 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. Vormstrup Byg ApS's liquidity measured by quick ratio was 1.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 439.51 | 592.11 | 742.66 | 377.63 | 270.35 |
EBIT | -15.66 | 307.64 | 183.74 | -1.36 | -35.12 |
Net earnings | -16.29 | 225.29 | 119.63 | -5.79 | -41.98 |
Shareholders equity total | 144.02 | 369.31 | 188.93 | 183.15 | 141.17 |
Balance sheet total (assets) | 756.46 | 1 235.12 | 510.98 | 684.51 | 381.40 |
Net debt | - 291.65 | - 331.16 | - 113.98 | - 197.40 | -25.04 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.0 % | 30.9 % | 21.0 % | -0.2 % | -6.6 % |
ROE | -10.7 % | 87.8 % | 42.9 % | -3.1 % | -25.9 % |
ROI | -10.3 % | 119.9 % | 65.8 % | -0.7 % | -21.7 % |
Economic value added (EVA) | -11.32 | 244.88 | 136.72 | -5.00 | -35.94 |
Solvency | |||||
Equity ratio | 19.0 % | 29.9 % | 37.0 % | 26.8 % | 37.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.4 | 1.6 | 1.4 | 1.6 |
Current ratio | 1.2 | 1.4 | 1.6 | 1.4 | 1.6 |
Cash and cash equivalents | 291.65 | 331.16 | 113.98 | 197.40 | 25.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BB |
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