SB Construction ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SB Construction ApS
SB Construction ApS (CVR number: 39378051) is a company from VARDE. The company recorded a gross profit of 812.9 kDKK in 2024. The operating profit was -237.2 kDKK, while net earnings were -232.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.1 %, which can be considered poor and Return on Equity (ROE) was -50.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.9 %, 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. SB Construction ApS's liquidity measured by quick ratio was 1.5 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 | 1 099.39 | 1 108.51 | 958.02 | 1 037.03 | 812.89 |
| EBIT | 11.44 | 329.52 | 445.25 | 343.86 | - 237.23 |
| Net earnings | 6.21 | 253.35 | 342.46 | 262.88 | - 232.70 |
| Shareholders equity total | 242.93 | 383.29 | 611.34 | 674.22 | 241.52 |
| Balance sheet total (assets) | 1 089.58 | 1 053.71 | 1 285.40 | 1 673.59 | 673.20 |
| Net debt | -96.12 | - 412.15 | - 526.35 | - 406.82 | - 383.71 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.1 % | 30.8 % | 38.1 % | 23.2 % | -20.1 % |
| ROE | 2.1 % | 80.9 % | 68.9 % | 40.9 % | -50.8 % |
| ROI | 3.2 % | 100.5 % | 87.5 % | 52.7 % | -51.0 % |
| Economic value added (EVA) | -14.92 | 242.35 | 324.55 | 236.48 | - 268.76 |
| Solvency | |||||
| Equity ratio | 22.3 % | 36.4 % | 47.6 % | 40.3 % | 35.9 % |
| Gearing | 2.2 % | 1.9 % | 1.2 % | 0.8 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.2 | 1.8 | 2.3 | 1.7 | 1.5 |
| Current ratio | 1.2 | 1.8 | 2.3 | 1.7 | 1.5 |
| Cash and cash equivalents | 101.55 | 419.33 | 533.96 | 412.30 | 383.71 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BBB | BBB |
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