SKAGEN NY GLAS ApS — Credit Rating and Financial Key Figures

CVR number: 19275299
Vestkajen 12, 9990 Skagen
tel: 98451816

Credit rating

Company information

Official name
SKAGEN NY GLAS ApS
Personnel
2 persons
Established
1996
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About SKAGEN NY GLAS ApS

SKAGEN NY GLAS ApS (CVR number: 19275299) is a company from FREDERIKSHAVN. The company recorded a gross profit of 1466 kDKK in 2023. The operating profit was 455.7 kDKK, while net earnings were 354.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.5 %, which can be considered excellent and Return on Equity (ROE) was 24 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.9 %, 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. SKAGEN NY GLAS ApS's liquidity measured by quick ratio was 2.2 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 profit1 402.901 500.051 712.501 553.731 465.98
EBIT70.60248.14469.92814.83455.74
Net earnings50.55195.62376.68643.31354.69
Shareholders equity total1 582.991 278.611 255.291 498.601 453.29
Balance sheet total (assets)2 103.332 270.211 974.492 302.082 205.32
Net debt- 656.10- 801.34- 512.60-1 183.28-1 331.97
Profitability
EBIT-%
ROA3.5 %11.7 %22.9 %38.7 %20.5 %
ROE3.2 %13.7 %29.7 %46.7 %24.0 %
ROI4.4 %16.9 %36.3 %57.8 %29.0 %
Economic value added (EVA)9.91146.34342.02597.64339.00
Solvency
Equity ratio75.3 %56.3 %63.6 %65.1 %65.9 %
Gearing8.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.71.61.82.12.2
Current ratio2.81.71.92.22.3
Cash and cash equivalents656.10801.34512.601 183.281 453.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:20.5%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.9%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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