Queen's Skjern ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Queen's Skjern ApS
Queen's Skjern ApS (CVR number: 39641666) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 875.1 kDKK in 2023. The operating profit was -156.8 kDKK, while net earnings were -136.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.2 %, which can be considered poor and Return on Equity (ROE) was -38.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -15.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Queen's Skjern ApS's liquidity measured by quick ratio was 0.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 981.10 | 665.80 | 1 023.59 | 1 186.49 | 875.08 |
EBIT | 174.45 | 37.46 | 21.61 | 136.53 | - 156.80 |
Net earnings | 128.11 | 2.21 | -16.05 | 102.17 | - 136.57 |
Shareholders equity total | -57.24 | 42.21 | 26.16 | 128.33 | - 108.24 |
Balance sheet total (assets) | 452.40 | 542.80 | 616.65 | 603.90 | 575.19 |
Net debt | 58.78 | 145.44 | -54.22 | -42.64 | -56.39 |
Profitability | |||||
EBIT-% | |||||
ROA | 32.1 % | 7.4 % | 3.7 % | 22.5 % | -24.2 % |
ROE | 40.5 % | 0.9 % | -47.0 % | 132.3 % | -38.8 % |
ROI | 105.3 % | 22.1 % | 11.4 % | 59.0 % | -106.2 % |
Economic value added (EVA) | 150.06 | 37.38 | 13.33 | 111.15 | - 136.90 |
Solvency | |||||
Equity ratio | -11.2 % | 7.8 % | 4.2 % | 21.3 % | -15.8 % |
Gearing | -252.5 % | 357.3 % | 573.1 % | 97.2 % | -8.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.8 | 0.8 | 1.2 | 0.6 |
Current ratio | 0.6 | 1.0 | 0.9 | 1.4 | 0.7 |
Cash and cash equivalents | 85.78 | 5.38 | 204.13 | 167.36 | 65.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | B |
Variable visualization
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