Ettrup Byg APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ettrup Byg APS
Ettrup Byg APS (CVR number: 37693766) is a company from VEJLE. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a decline of -39.6 % compared to the previous year. The operating profit percentage was at 0.6 % (EBIT: 0 mDKK), while net earnings were 2.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 49.7 %, 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. Ettrup 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 | 2 855.54 | 2 569.66 | 1 375.96 | 1 375.39 | 831.05 |
Gross profit | 857.29 | 832.28 | 559.02 | 525.66 | 519.53 |
EBIT | 164.46 | 123.29 | 6.97 | 17.58 | 4.69 |
Net earnings | 126.81 | 94.78 | 4.38 | 12.08 | 2.17 |
Shareholders equity total | 74.61 | 119.38 | 123.77 | 135.85 | 138.02 |
Balance sheet total (assets) | 304.16 | 477.32 | 255.54 | 236.14 | 277.74 |
Net debt | - 182.66 | - 241.86 | - 121.83 | - 143.04 | - 122.11 |
Profitability | |||||
EBIT-% | 5.8 % | 4.8 % | 0.5 % | 1.3 % | 0.6 % |
ROA | 54.5 % | 31.6 % | 1.9 % | 7.2 % | 1.8 % |
ROE | 194.5 % | 97.7 % | 3.6 % | 9.3 % | 1.6 % |
ROI | 252.2 % | 127.1 % | 5.7 % | 13.5 % | 3.4 % |
Economic value added (EVA) | 140.18 | 101.34 | 11.59 | 13.62 | 5.06 |
Solvency | |||||
Equity ratio | 24.5 % | 25.0 % | 48.4 % | 57.5 % | 49.7 % |
Gearing | |||||
Relative net indebtedness % | 1.6 % | 4.5 % | 0.7 % | -3.1 % | 2.1 % |
Liquidity | |||||
Quick ratio | 0.8 | 0.8 | 1.1 | 1.5 | 1.3 |
Current ratio | 0.8 | 0.8 | 1.1 | 1.5 | 1.3 |
Cash and cash equivalents | 182.66 | 241.86 | 121.83 | 143.04 | 122.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 1.3 | 18.7 | |||
Net working capital % | -1.6 % | -2.6 % | 1.2 % | 4.0 % | 4.5 % |
Credit risk | |||||
Credit rating | B | BB | BB | BBB | BBB |
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