Credit rating
Company information
About Skovlygaard Agro ApS
Skovlygaard Agro ApS (CVR number: 37220698) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 1310.2 kDKK in 2023. The operating profit was -372.2 kDKK, while net earnings were -321.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.1 %, which can be considered poor and Return on Equity (ROE) was -13.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.3 %, 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. Skovlygaard Agro ApS's liquidity measured by quick ratio was 1.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 32.22 | 654.76 | 1 341.34 | 2 833.76 | 1 310.19 |
EBIT | 32.22 | 654.76 | 394.14 | 959.78 | - 372.16 |
Net earnings | 3.55 | 482.31 | 281.97 | 673.54 | - 321.40 |
Shareholders equity total | 1 099.03 | 1 581.34 | 1 863.30 | 2 536.84 | 2 215.45 |
Balance sheet total (assets) | 2 065.76 | 2 272.75 | 2 960.89 | 3 641.90 | 3 553.58 |
Net debt | 137.01 | - 468.71 | -1 247.39 | -89.11 | 77.08 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.2 % | 30.6 % | 15.4 % | 29.3 % | -10.1 % |
ROE | 0.3 % | 36.0 % | 16.4 % | 30.6 % | -13.5 % |
ROI | 3.3 % | 42.6 % | 22.0 % | 43.9 % | -15.0 % |
Economic value added (EVA) | -10.98 | 459.91 | 268.17 | 724.90 | - 405.28 |
Solvency | |||||
Equity ratio | 53.2 % | 69.6 % | 62.9 % | 69.7 % | 62.3 % |
Gearing | 19.3 % | 14.1 % | 3.5 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.7 | 1.5 | 0.4 | 1.2 |
Current ratio | 1.9 | 3.0 | 2.5 | 3.0 | 2.4 |
Cash and cash equivalents | 75.01 | 691.63 | 1 247.39 | 89.11 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BB |
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