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SKANVEL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SKANVEL ApS
SKANVEL ApS (CVR number: 25962249) is a company from HOLBÆK. The company reported a net sales of 0.7 mDKK in 2024, demonstrating a decline of -74.2 % compared to the previous year. The operating profit percentage was poor at -47 % (EBIT: -0.3 mDKK), while net earnings were -365.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -38.9 %, which can be considered poor and Return on Equity (ROE) was -110 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SKANVEL ApS's liquidity measured by quick ratio was 1.4 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 2 614.70 | 2 292.99 | 2 120.96 | 2 836.54 | 732.68 |
| Gross profit | 1 040.40 | 1 570.17 | 1 228.28 | 1 313.99 | 118.09 |
| EBIT | 194.15 | 358.04 | - 259.65 | 311.53 | - 344.53 |
| Net earnings | 150.95 | 274.43 | - 212.83 | 228.60 | - 365.60 |
| Shareholders equity total | 224.93 | 499.35 | 286.52 | 515.12 | 149.52 |
| Balance sheet total (assets) | 772.87 | 1 636.55 | 1 120.33 | 1 367.26 | 406.18 |
| Net debt | -25.42 | -75.44 | - 208.09 | - 609.57 | -40.34 |
| Profitability | |||||
| EBIT-% | 7.4 % | 15.6 % | -12.2 % | 11.0 % | -47.0 % |
| ROA | 27.1 % | 29.7 % | -18.8 % | 25.0 % | -38.9 % |
| ROE | 101.0 % | 75.8 % | -54.2 % | 57.0 % | -110.0 % |
| ROI | 91.7 % | 91.8 % | -61.7 % | 73.1 % | -103.7 % |
| Economic value added (EVA) | 144.72 | 265.24 | - 229.92 | 222.62 | - 370.42 |
| Solvency | |||||
| Equity ratio | 29.1 % | 30.5 % | 25.6 % | 37.7 % | 36.8 % |
| Gearing | 22.2 % | 1.2 % | 17.7 % | ||
| Relative net indebtedness % | 18.1 % | 46.1 % | 27.1 % | 8.6 % | 29.5 % |
| Liquidity | |||||
| Quick ratio | 1.5 | 1.5 | 1.2 | 1.6 | 1.4 |
| Current ratio | 1.5 | 1.5 | 1.2 | 1.6 | 1.4 |
| Cash and cash equivalents | 75.44 | 81.23 | 258.69 | 609.57 | 40.34 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 19.6 | 102.4 | 53.0 | 82.7 | 156.1 |
| Net working capital % | 10.2 % | 23.9 % | 8.3 % | 16.8 % | 15.2 % |
| Credit risk | |||||
| Credit rating | B | B | B | BB | B |
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