SABRO BYG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SABRO BYG ApS
SABRO BYG ApS (CVR number: 26309484) is a company from MIDDELFART. The company reported a net sales of 4.1 mDKK in 2023, demonstrating a decline of -22.5 % compared to the previous year. The operating profit percentage was poor at -3.9 % (EBIT: -0.2 mDKK), while net earnings were -181.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.2 %, which can be considered poor and Return on Equity (ROE) was -84.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.8 %, 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. SABRO BYG ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 6 610.58 | 5 474.33 | 5 308.84 | 5 308.84 | 4 116.27 |
Gross profit | 2 662.61 | 2 209.34 | 2 358.28 | 1 871.56 | 1 697.37 |
EBIT | 31.52 | 168.49 | 177.45 | - 482.36 | - 160.93 |
Net earnings | 0.62 | 114.80 | 128.51 | - 498.63 | - 181.77 |
Shareholders equity total | 561.40 | 676.20 | 804.71 | 306.09 | 124.32 |
Balance sheet total (assets) | 1 239.06 | 2 169.18 | 1 685.60 | 929.47 | 521.29 |
Net debt | - 117.12 | - 356.68 | - 341.92 | 97.65 | 70.81 |
Profitability | |||||
EBIT-% | 0.5 % | 3.1 % | 3.3 % | -9.1 % | -3.9 % |
ROA | 2.3 % | 9.9 % | 9.2 % | -36.9 % | -22.2 % |
ROE | 0.1 % | 18.6 % | 17.4 % | -89.8 % | -84.5 % |
ROI | 5.4 % | 26.3 % | 23.3 % | -78.5 % | -53.7 % |
Economic value added (EVA) | 14.25 | 110.32 | 126.34 | - 506.09 | - 178.89 |
Solvency | |||||
Equity ratio | 45.3 % | 31.2 % | 47.7 % | 32.9 % | 23.8 % |
Gearing | 4.3 % | 2.6 % | 2.5 % | 31.9 % | 57.0 % |
Relative net indebtedness % | 8.1 % | 20.4 % | 9.8 % | 11.7 % | 9.6 % |
Liquidity | |||||
Quick ratio | 1.6 | 1.4 | 1.8 | 1.5 | 1.3 |
Current ratio | 1.8 | 1.4 | 1.9 | 1.6 | 1.5 |
Cash and cash equivalents | 141.18 | 373.99 | 361.87 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 24.5 | 89.8 | 64.4 | 34.0 | 9.5 |
Net working capital % | 8.0 % | 12.0 % | 14.5 % | 6.4 % | 4.1 % |
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BB |
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