Skov Larsen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Skov Larsen ApS
Skov Larsen ApS (CVR number: 33151047) is a company from SKIVE. The company recorded a gross profit of 25.5 kDKK in 2024. The operating profit was -58.4 kDKK, while net earnings were -59.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.4 %, which can be considered poor and Return on Equity (ROE) was -34.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.3 %, 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. Skov Larsen ApS's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -43.18 | 141.28 | 77.26 | 177.34 | 25.48 |
| EBIT | -59.09 | 39.48 | -27.68 | 115.75 | -58.44 |
| Net earnings | -63.08 | 36.74 | -31.69 | 115.75 | -59.54 |
| Shareholders equity total | 80.61 | 117.35 | 85.66 | 201.41 | 141.87 |
| Balance sheet total (assets) | 342.18 | 419.02 | 527.10 | 432.63 | 281.79 |
| Net debt | 232.35 | 263.83 | 363.96 | 184.20 | 56.46 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -17.7 % | 10.4 % | -5.9 % | 24.1 % | -16.4 % |
| ROE | -56.2 % | 37.1 % | -31.2 % | 80.6 % | -34.7 % |
| ROI | -19.1 % | 11.0 % | -6.2 % | 24.9 % | -18.0 % |
| Economic value added (EVA) | -73.73 | 22.99 | -47.16 | 90.01 | -79.34 |
| Solvency | |||||
| Equity ratio | 23.6 % | 28.0 % | 16.3 % | 46.6 % | 50.3 % |
| Gearing | 307.1 % | 230.3 % | 498.0 % | 106.5 % | 64.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.1 | 0.1 | 0.2 | 0.4 | 0.7 |
| Current ratio | 1.3 | 1.4 | 1.2 | 1.6 | 1.7 |
| Cash and cash equivalents | 15.18 | 6.43 | 62.60 | 30.34 | 34.73 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | BB | BB | BB | BB |
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