Credit rating
Company information
About Skagen Group ApS
Skagen Group ApS (CVR number: 37593850) is a company from FREDERIKSHAVN. The company recorded a gross profit of 5279.2 kDKK in 2023. The operating profit was 100.9 kDKK, while net earnings were -7.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Skagen Group 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 | 249.89 | 2 713.39 | 3 954.83 | 5 332.35 | 5 279.23 |
EBIT | - 329.14 | 392.44 | -24.10 | 39.90 | 100.92 |
Net earnings | 169.07 | 558.17 | 33.16 | 30.39 | -7.44 |
Shareholders equity total | -33.56 | 524.61 | 557.77 | 588.17 | 512.29 |
Balance sheet total (assets) | 194.20 | 1 691.88 | 3 473.61 | 2 734.61 | 1 897.55 |
Net debt | -26.28 | - 708.06 | - 790.52 | 48.66 | 14.38 |
Profitability | |||||
EBIT-% | |||||
ROA | -113.8 % | 40.9 % | -0.9 % | 2.4 % | 4.5 % |
ROE | 98.8 % | 155.3 % | 6.1 % | 5.3 % | -1.4 % |
ROI | -262.1 % | 149.3 % | -4.3 % | 11.4 % | 16.7 % |
Economic value added (EVA) | - 312.13 | 281.69 | -7.89 | 36.85 | 44.70 |
Solvency | |||||
Equity ratio | -14.7 % | 31.0 % | 16.1 % | 21.5 % | 27.0 % |
Gearing | -3.4 % | 6.0 % | 17.1 % | 6.5 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.3 | 1.1 | 1.1 | 1.2 |
Current ratio | 0.9 | 1.4 | 1.2 | 1.3 | 1.4 |
Cash and cash equivalents | 27.43 | 708.06 | 824.22 | 51.94 | 18.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | C | BB | BB | B | BB |
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