SK FORSYNING A/S — Credit Rating and Financial Key Figures

CVR number: 25797981
Nordvej 6, 4200 Slagelse
kontakt@envafors.dk
tel: 58362501

Credit rating

Company information

Official name
SK FORSYNING A/S
Established
2000
Company form
Limited company
Industry

About SK FORSYNING A/S

SK FORSYNING A/S (CVR number: 25797981K) is a company from SLAGELSE. The company reported a net sales of 564.7 mDKK in 2023, demonstrating a decline of -18.4 % compared to the previous year. The operating profit percentage was at 11.7 % (EBIT: 66.2 mDKK), while net earnings were 89 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 65.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SK FORSYNING A/S's liquidity measured by quick ratio was 1.1 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales466.76465.80522.95692.11564.74
Gross profit209.65221.02220.81283.33266.43
EBIT209.65221.02220.8186.8466.21
Net earnings102.2885.2086.4151.9389.04
Shareholders equity total2 204.222 289.362 372.032 416.212 526.60
Balance sheet total (assets)3 536.723 649.053 746.563 739.183 853.92
Net debt269.40386.48
Profitability
EBIT-%44.9 %47.5 %42.2 %12.5 %11.7 %
ROA6.0 %6.2 %6.0 %2.8 %2.8 %
ROE4.7 %3.8 %3.7 %2.2 %3.6 %
ROI6.0 %6.2 %6.0 %3.0 %3.2 %
Economic value added (EVA)103.45110.26105.77-49.96-39.22
Solvency
Equity ratio100.0 %100.0 %100.0 %64.8 %65.8 %
Gearing27.1 %25.2 %
Relative net indebtedness %61.4 %99.1 %
Liquidity
Quick ratio1.81.1
Current ratio1.71.1
Cash and cash equivalents385.75250.31
Capital use efficiency
Trade debtors turnover (days)39.339.5
Net working capital %-8.5 %-13.7 %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:2.75%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.8%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member
Board member
Chief executive officer
Board member

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