SKYBRANDS A/S — Credit Rating and Financial Key Figures

CVR number: 31348455
Roskildevej 6, 7100 Vejle
info@skybrands.net
tel: 75725050

Credit rating

Company information

Official name
SKYBRANDS A/S
Established
2008
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About SKYBRANDS A/S

SKYBRANDS A/S (CVR number: 31348455) is a company from VEJLE. The company recorded a gross profit of 24.3 mDKK in 2022. The operating profit was 10.9 mDKK, while net earnings were 9207 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.2 %, which can be considered excellent and Return on Equity (ROE) was 33.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 10.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SKYBRANDS A/S's liquidity measured by quick ratio was 1.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit14 927.007 941.009 819.0014 149.0024 253.00
EBIT5 769.00- 670.00- 340.003 022.0010 856.00
Net earnings5 989.00- 225.003 416.00-5 805.009 207.00
Shareholders equity total15 779.0015 408.0018 017.00-3 633.004 905.00
Balance sheet total (assets)61 342.0060 499.0055 820.0049 466.0045 876.00
Net debt36 175.0036 677.0021 879.0032 969.003 992.00
Profitability
EBIT-%
ROA15.5 %2.0 %11.1 %-5.8 %32.2 %
ROE47.6 %-1.4 %20.4 %-17.2 %33.9 %
ROI17.7 %2.2 %13.6 %-8.5 %58.0 %
Economic value added (EVA)4 273.16-1 113.79- 932.591 394.558 469.59
Solvency
Equity ratio25.7 %25.5 %32.3 %-6.8 %10.7 %
Gearing249.6 %244.9 %121.6 %-923.4 %307.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.31.40.71.5
Current ratio1.31.31.50.91.7
Cash and cash equivalents3 203.001 058.0025.00577.0011 079.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBA

Variable visualization

ROA:32.2%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.7%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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