ERIK SKOVGAARD ApS — Credit Rating and Financial Key Figures

CVR number: 16275840
Bavnehøj 21, Bølling 6900 Skjern
tel: 97368109

Credit rating

Company information

Official name
ERIK SKOVGAARD ApS
Personnel
2 persons
Established
1992
Domicile
Bølling
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About ERIK SKOVGAARD ApS

ERIK SKOVGAARD ApS (CVR number: 16275840) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 2051.6 kDKK in 2024. The operating profit was 1226.7 kDKK, while net earnings were 976 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.2 %, which can be considered excellent and Return on Equity (ROE) was 29.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERIK SKOVGAARD ApS's liquidity measured by quick ratio was 4.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 223.531 295.72993.211 032.392 051.61
EBIT-47.50105.2299.07242.791 226.71
Net earnings-49.4674.3878.14196.27976.02
Shareholders equity total2 427.472 501.852 579.992 776.263 752.28
Balance sheet total (assets)3 438.763 257.993 219.863 348.224 672.26
Net debt-1 416.97-1 059.97- 967.40-1 020.12-2 080.11
Profitability
EBIT-%
ROA-1.4 %3.2 %3.1 %7.7 %31.2 %
ROE-2.0 %3.0 %3.1 %7.3 %29.9 %
ROI-1.8 %4.1 %3.9 %9.4 %38.3 %
Economic value added (EVA)- 101.8640.2312.19107.49868.61
Solvency
Equity ratio70.6 %76.8 %80.1 %82.9 %80.3 %
Gearing7.3 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.12.83.44.8
Current ratio2.93.84.75.65.0
Cash and cash equivalents1 593.071 081.99967.401 020.122 080.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:31.2%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.3%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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