SKYtek ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SKYtek ApS
SKYtek ApS (CVR number: 35258035) is a company from KØBENHAVN. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a growth of 1.9 % compared to the previous year. The operating profit percentage was at 1.1 % (EBIT: 0 mDKK), while net earnings were 10.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 71.3 %, 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. SKYtek ApS's liquidity measured by quick ratio was 3.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 688.13 | 6 157.71 | 744.80 | 761.01 | 775.36 |
Gross profit | 14.34 | 0.82 | 1.70 | 7.20 | 8.56 |
EBIT | 14.34 | 0.82 | 1.70 | 7.20 | 8.56 |
Net earnings | 11.18 | 0.64 | 1.32 | 5.62 | 10.44 |
Shareholders equity total | 70.96 | 71.60 | 87.08 | 92.69 | 99.37 |
Balance sheet total (assets) | 161.85 | 132.72 | 138.64 | 120.82 | 139.45 |
Net debt | -11.12 | -34.39 | -37.10 | -28.94 | -38.56 |
Profitability | |||||
EBIT-% | 2.1 % | 0.0 % | 0.2 % | 0.9 % | 1.1 % |
ROA | 9.6 % | 0.6 % | 1.3 % | 5.6 % | 6.6 % |
ROE | 17.1 % | 0.9 % | 1.7 % | 6.2 % | 10.9 % |
ROI | 21.9 % | 1.2 % | 2.1 % | 8.0 % | 8.9 % |
Economic value added (EVA) | 9.03 | -2.18 | -0.17 | 3.11 | 7.23 |
Solvency | |||||
Equity ratio | 43.8 % | 53.9 % | 62.8 % | 76.7 % | 71.3 % |
Gearing | |||||
Relative net indebtedness % | 11.6 % | 0.4 % | 1.9 % | -0.1 % | 0.2 % |
Liquidity | |||||
Quick ratio | 1.8 | 2.2 | 2.7 | 4.3 | 3.5 |
Current ratio | 1.8 | 2.2 | 2.7 | 4.3 | 3.5 |
Cash and cash equivalents | 11.12 | 34.39 | 37.10 | 28.94 | 38.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 74.0 | 5.2 | 44.6 | 39.2 | 43.5 |
Net working capital % | 10.3 % | 1.2 % | 11.7 % | 12.2 % | 12.8 % |
Credit risk | |||||
Credit rating | BB | B | BB | BB | BB |
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