TØMRERFIRMAET BAY & WANG ApS — Credit Rating and Financial Key Figures

CVR number: 29199094
Strømmen 32, 8960 Randers SØ
tel: 20753075

Credit rating

Company information

Official name
TØMRERFIRMAET BAY & WANG ApS
Personnel
2 persons
Established
2005
Company form
Private limited company
Industry

About TØMRERFIRMAET BAY & WANG ApS

TØMRERFIRMAET BAY & WANG ApS (CVR number: 29199094) is a company from RANDERS. The company recorded a gross profit of 1244.2 kDKK in 2024. The operating profit was 307.4 kDKK, while net earnings were 242.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.8 %, which can be considered excellent and Return on Equity (ROE) was 37.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.1 %, 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. TØMRERFIRMAET BAY & WANG 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 339.531 566.791 100.001 202.001 244.19
EBIT282.76625.07114.00288.00307.35
Net earnings207.61475.0983.00227.00242.75
Shareholders equity total492.13817.22500.00727.00570.14
Balance sheet total (assets)1 297.341 522.121 002.001 061.00980.78
Net debt- 798.15- 429.02- 255.00- 404.00- 516.67
Profitability
EBIT-%
ROA25.3 %44.8 %9.3 %28.5 %30.8 %
ROE47.4 %72.6 %12.6 %37.0 %37.4 %
ROI42.2 %78.8 %15.8 %45.1 %47.9 %
Economic value added (EVA)237.46508.3573.79214.95223.59
Solvency
Equity ratio37.9 %53.7 %49.9 %68.5 %58.1 %
Gearing36.3 %13.8 %13.4 %1.0 %1.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.62.11.93.22.4
Current ratio1.62.11.93.22.4
Cash and cash equivalents976.99542.15322.00411.00524.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:30.8%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.1%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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