LM Byg A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LM Byg A/S
LM Byg A/S (CVR number: 42225533) is a company from Høje-Taastrup. The company reported a net sales of 858.4 mDKK in 2023, demonstrating a growth of 10.8 % compared to the previous year. The operating profit percentage was at 5.9 % (EBIT: 50.5 mDKK), while net earnings were 39.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good but Return on Equity (ROE) was 33.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.2 %, 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. LM Byg A/S's liquidity measured by quick ratio was 1.1 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 569.32 | 735.46 | 774.39 | 858.35 |
Gross profit | 569.32 | 735.46 | 117.28 | 136.70 |
EBIT | 44.28 | 23.99 | 14.19 | 50.45 |
Net earnings | 32.61 | 16.70 | 9.57 | 39.43 |
Shareholders equity total | 125.51 | 110.22 | 103.79 | 134.22 |
Balance sheet total (assets) | 490.91 | 313.36 | 452.00 | 459.43 |
Net debt | - 125.39 | - 188.55 | ||
Profitability | ||||
EBIT-% | 7.8 % | 3.3 % | 1.8 % | 5.9 % |
ROA | 9.0 % | 6.0 % | 3.9 % | 11.6 % |
ROE | 26.0 % | 14.2 % | 8.9 % | 33.1 % |
ROI | 9.0 % | 6.0 % | 6.6 % | 33.8 % |
Economic value added (EVA) | 44.28 | 17.68 | 3.64 | 39.01 |
Solvency | ||||
Equity ratio | 100.0 % | 100.0 % | 23.0 % | 29.2 % |
Gearing | 5.4 % | 7.0 % | ||
Relative net indebtedness % | 24.5 % | 11.1 % | ||
Liquidity | ||||
Quick ratio | 1.0 | 1.1 | ||
Current ratio | 1.0 | 1.1 | ||
Cash and cash equivalents | 131.03 | 197.95 | ||
Capital use efficiency | ||||
Trade debtors turnover (days) | 13.1 | 22.2 | ||
Net working capital % | -1.8 % | 3.9 % | ||
Credit risk | ||||
Credit rating | BBB | BBB | A | AA |
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