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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  4.2% 4.2% 4.2% 4.2% 4.2%  
Bankruptcy risk  6.4% 6.0% 3.1% 3.5% 7.8%  
Credit score (0-100)  38 39 55 53 30  
Credit rating  BBB BBB BBB BBB BB  
Credit limit (kDKK)  0.0 0.0 0.0 0.0 0.0  

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  347 565 1,272 1,245 50.8  
EBITDA  -2.1 48.5 460 174 -412  
EBIT  -14.1 38.9 452 168 -417  
Pre-tax profit (PTP)  -18.8 32.1 442.6 154.3 -443.6  
Net earnings  -18.8 29.2 343.2 117.4 -351.9  
Pre-tax profit without non-rec. items  -18.8 32.1 443 154 -444  

 
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  48.0 38.4 30.7 24.6 19.7  
Shareholders equity total  21.2 50.3 394 511 159  
Interest-bearing liabilities  20.6 31.2 30.6 7.5 0.8  
Balance sheet total (assets)  75.7 337 980 1,094 333  

Net Debt  -7.1 -183 -387 -264 -75.6  
 
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  347 565 1,272 1,245 50.8  
Gross profit growth  0.0% 62.8% 125.1% -2.1% -95.9%  
Employees  2 0 1 2 2  
Employee growth %  0.0% -100.0% 0.0% 100.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  76 337 980 1,094 333  
Balance sheet change%  0.0% 344.8% 190.9% 11.6% -69.5%  
Added value  -2.1 48.5 460.1 175.4 -411.9  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  36 -19 -15 -12 -10  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  -1.0 1.0 2.0 3.0 -1.0  

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 (%)  -4.0% 6.9% 35.6% 13.5% -820.2%  
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 %  -18.6% 18.9% 68.7% 16.2% -58.4%  
ROI %  -33.6% 63.2% 178.9% 35.6% -122.9%  
ROE %  -88.9% 81.6% 154.6% 26.0% -105.1%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  28.0% 14.9% 40.2% 46.7% 47.7%  
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, %  346.5% -376.2% -84.1% -152.0% 18.4%  
Gearing %  97.3% 61.9% 7.8% 1.5% 0.5%  
Net interest  0 0 0 0 0  
Financing costs %  46.3% 26.5% 31.6% 70.5% 641.6%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  0.5 1.0 1.6 1.8 1.8  
Current Ratio  0.5 1.0 1.6 1.8 1.8  
Cash and cash equivalent  27.7 213.7 417.6 271.8 76.4  

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  -26.8 11.9 362.8 486.3 139.3  
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  -1 0 460 88 -206  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  -1 0 460 87 -206  
EBIT / employee  -7 0 452 84 -208  
Net earnings / employee  -9 0 343 59 -176