AB BYG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AB BYG ApS
AB BYG ApS (CVR number: 29425183) is a company from THISTED. The company recorded a gross profit of 618.7 kDKK in 2024. The operating profit was 159.3 kDKK, while net earnings were -94.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -2.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25 %, 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. AB BYG ApS's liquidity measured by quick ratio was 1.7 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 | 241.50 | 259.14 | 286.78 | 563.22 | 618.65 |
| EBIT | 227.10 | 246.84 | 272.58 | 230.99 | 159.28 |
| Net earnings | 37.97 | 54.17 | 238.25 | -56.76 | -94.44 |
| Shareholders equity total | 3 688.86 | 3 743.03 | 3 981.28 | 3 624.51 | 3 530.07 |
| Balance sheet total (assets) | 12 449.72 | 12 201.98 | 15 266.21 | 14 731.44 | 14 093.92 |
| Net debt | 7 404.50 | 6 987.05 | 9 810.01 | 9 612.19 | 8 963.43 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.9 % | 2.0 % | 6.8 % | 2.0 % | 1.6 % |
| ROE | 1.0 % | 1.5 % | 6.2 % | -1.5 % | -2.6 % |
| ROI | 1.9 % | 2.0 % | 6.9 % | 2.0 % | 1.6 % |
| Economic value added (EVA) | - 242.10 | - 331.58 | - 306.49 | - 491.81 | - 529.29 |
| Solvency | |||||
| Equity ratio | 29.6 % | 30.7 % | 26.1 % | 24.6 % | 25.0 % |
| Gearing | 202.2 % | 188.3 % | 249.1 % | 265.2 % | 257.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.1 | 0.2 | 6.2 | 4.0 | 1.7 |
| Current ratio | 0.1 | 0.2 | 6.2 | 4.0 | 1.7 |
| Cash and cash equivalents | 53.17 | 59.53 | 106.48 | 113.66 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | A | BBB | BBB |
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