Skovs Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38231952
Skovbrynet 18, 8000 Aarhus C
tel: 61308454

Credit rating

Company information

Official name
Skovs Holding ApS
Established
2016
Company form
Private limited company
Industry

About Skovs Holding ApS

Skovs Holding ApS (CVR number: 38231952) is a company from AARHUS. The company recorded a gross profit of -18.2 kDKK in 2023. The operating profit was -18.2 kDKK, while net earnings were -62.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak but Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Skovs Holding ApS's liquidity measured by quick ratio was 6.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-29.50-36.11-8.69-24.12-18.15
EBIT-29.50-36.11-8.69-24.12-18.15
Net earnings73.61-2 634.45- 203.08- 129.88-62.26
Shareholders equity total7 516.614 777.164 352.094 107.813 845.54
Balance sheet total (assets)7 644.614 832.164 505.774 292.804 026.32
Net debt- 687.60- 909.26-1 133.31-1 096.62- 901.85
Profitability
EBIT-%
ROA1.0 %-38.9 %-0.9 %7.4 %1.3 %
ROE1.0 %-42.9 %-4.4 %-3.1 %-1.6 %
ROI1.1 %-39.3 %-0.9 %7.5 %1.4 %
Economic value added (EVA)- 150.17- 187.52-7.86-21.15-7.53
Solvency
Equity ratio98.3 %98.9 %96.6 %96.1 %95.9 %
Gearing0.6 %1.3 %2.9 %1.5 %
Relative net indebtedness %
Liquidity
Quick ratio11.618.49.07.66.5
Current ratio11.618.49.06.95.8
Cash and cash equivalents687.60937.261 188.851 215.14960.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAABBB

Variable visualization

ROA:1.34%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.9%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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