ETH BYG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ETH BYG ApS
ETH BYG ApS (CVR number: 25797329) is a company from KOLDING. The company recorded a gross profit of 82.2 kDKK in 2023. The operating profit was -505.8 kDKK, while net earnings were -538.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.9 %, which can be considered poor and Return on Equity (ROE) was -69.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.5 %, 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. ETH BYG ApS's liquidity measured by quick ratio was 1.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 71.80 | 108.24 | 12.32 | 20.30 | 82.23 |
EBIT | 71.80 | 108.24 | 12.32 | -55.85 | - 505.79 |
Net earnings | 19.30 | 66.68 | -7.24 | - 119.69 | - 538.24 |
Shareholders equity total | 1 102.16 | 1 168.84 | 1 161.60 | 1 041.91 | 503.67 |
Balance sheet total (assets) | 3 410.66 | 3 423.76 | 3 366.03 | 3 295.88 | 2 056.17 |
Net debt | 2 208.61 | 2 132.65 | 2 141.02 | 711.99 | - 325.02 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.1 % | 3.2 % | 0.4 % | -1.7 % | -18.9 % |
ROE | 1.8 % | 5.9 % | -0.6 % | -10.9 % | -69.6 % |
ROI | 2.1 % | 3.2 % | 0.4 % | -1.7 % | -19.2 % |
Economic value added (EVA) | -38.68 | 30.95 | -46.07 | -97.42 | - 483.42 |
Solvency | |||||
Equity ratio | 32.3 % | 34.1 % | 34.5 % | 31.6 % | 24.5 % |
Gearing | 203.8 % | 188.6 % | 185.3 % | 211.1 % | 303.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.0 | 0.7 | 1.2 |
Current ratio | 0.0 | 0.0 | 0.0 | 0.7 | 1.2 |
Cash and cash equivalents | 37.95 | 72.32 | 11.96 | 1 487.03 | 1 852.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BB |
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