KC Skovby Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KC Skovby Holding ApS
KC Skovby Holding ApS (CVR number: 39680823) is a company from RINGKØBING-SKJERN. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a growth of -156.7 % compared to the previous year. The operating profit percentage was at 99.1 % (EBIT: 0.4 mDKK), while net earnings were 340.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.6 %, which can be considered excellent and Return on Equity (ROE) was 22.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KC Skovby Holding ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 331.30 | 327.59 | 231.94 | - 661.31 | 375.19 |
Gross profit | 329.43 | 324.50 | 228.37 | - 664.58 | 371.93 |
EBIT | 329.43 | 324.50 | 228.37 | - 664.58 | 371.93 |
Net earnings | 330.59 | 333.66 | 230.82 | - 665.74 | 340.11 |
Shareholders equity total | 1 805.10 | 2 028.76 | 2 146.59 | 1 366.45 | 1 706.56 |
Balance sheet total (assets) | 2 095.96 | 2 359.44 | 2 484.54 | 2 034.89 | 2 901.88 |
Net debt | 1.88 | 73.91 | 10.00 | 589.69 | 1 165.95 |
Profitability | |||||
EBIT-% | 99.4 % | 99.1 % | 98.5 % | 99.1 % | |
ROA | 17.5 % | 15.2 % | 9.8 % | -29.1 % | 15.6 % |
ROE | 19.5 % | 17.4 % | 11.1 % | -37.9 % | 22.1 % |
ROI | 19.8 % | 17.3 % | 11.2 % | -31.9 % | 15.9 % |
Economic value added (EVA) | 354.76 | 345.79 | 251.37 | - 623.05 | 415.84 |
Solvency | |||||
Equity ratio | 86.1 % | 86.0 % | 86.4 % | 67.2 % | 58.8 % |
Gearing | 0.1 % | 3.8 % | 0.6 % | 43.2 % | 68.4 % |
Relative net indebtedness % | 87.8 % | 100.3 % | 144.9 % | -100.9 % | 318.2 % |
Liquidity | |||||
Quick ratio | 1.5 | 1.7 | 1.4 | 0.4 | 0.6 |
Current ratio | 1.5 | 1.7 | 1.4 | 0.4 | 0.6 |
Cash and cash equivalents | 2.19 | 1.98 | 0.90 | 1.51 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 40.4 % | 70.2 % | 59.3 % | 54.0 % | -117.7 % |
Credit risk | |||||
Credit rating | BBB | A | A | BB | A |
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