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Analyst: XBRLDenmark
 
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  4.2% 6.0% 3.0% 1.7% 1.2%  
Credit score (0-100)  50 39 56 72 80  
Credit rating  BBB BBB BBB A A  
Credit limit (kDKK)  0.0 0.0 0.0 2.4 108.1  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  1,750 2,506 2,931 3,494 5,458  
EBITDA  173 377 343 1,123 2,116  
EBIT  138 349 308 1,099 2,103  
Pre-tax profit (PTP)  111.3 309.8 269.7 1,050.0 2,052.6  
Net earnings  87.5 238.4 206.6 818.3 1,608.7  
Pre-tax profit without non-rec. items  111 310 270 1,050 2,053  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  78.5 70.8 35.6 11.8 92.3  
Shareholders equity total  491 729 936 1,754 2,563  
Interest-bearing liabilities  542 547 537 528 317  
Balance sheet total (assets)  1,574 3,317 2,367 3,789 4,668  

Net Debt  337 486 255 -61.9 -1,347  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  1,750 2,506 2,931 3,494 5,458  
Gross profit growth  33.3% 43.2% 17.0% 19.2% 56.2%  
Employees  4 5 5 5 6  
Employee growth %  0.0% 25.0% 0.0% 0.0% 20.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  1,574 3,317 2,367 3,789 4,668  
Balance sheet change%  11.5% 110.8% -28.6% 60.1% 23.2%  
Added value  172.8 376.5 343.4 1,134.1 2,116.1  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  -4 -36 -70 -48 67  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  3.0 4.0 5.0 5.0 5.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  7.9% 13.9% 10.5% 31.4% 38.5%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  9.9% 14.3% 10.8% 35.7% 49.8%  
ROI %  15.7% 29.9% 22.2% 58.3% 81.3%  
ROE %  19.6% 39.1% 24.8% 60.8% 74.5%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  31.2% 25.2% 39.5% 46.3% 54.9%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  195.2% 129.1% 74.2% -5.5% -63.6%  
Gearing %  110.4% 75.0% 57.3% 30.1% 12.4%  
Net interest  0 0 0 0 0  
Financing costs %  7.5% 7.1% 7.1% 9.3% 12.8%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  1.4 1.5 1.6 1.9 2.2  
Current Ratio  1.4 1.3 1.6 1.9 2.2  
Cash and cash equivalent  205.0 60.7 281.9 590.0 1,664.1  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  418.7 675.8 909.5 1,747.4 2,485.7  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  43 75 69 227 353  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  43 75 69 225 353  
EBIT / employee  34 70 62 220 350  
Net earnings / employee  22 48 41 164 268