Skagen Commerce & Invest ApS — Credit Rating and Financial Key Figures

CVR number: 35411305
Øresundsvej 10 C, 9990 Skagen

Credit rating

Company information

Official name
Skagen Commerce & Invest ApS
Personnel
3 persons
Established
2013
Company form
Private limited company
Industry
  • Expand more icon13Manufacture of textiles

About Skagen Commerce & Invest ApS

Skagen Commerce & Invest ApS (CVR number: 35411305) is a company from FREDERIKSHAVN. The company recorded a gross profit of 916.9 kDKK in 2023. The operating profit was 232.1 kDKK, while net earnings were 180.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.3 %, which can be considered excellent and Return on Equity (ROE) was 34 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Skagen Commerce & Invest ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit864.981 530.43864.26-84.61916.89
EBIT294.67765.14161.93- 755.09232.09
Net earnings209.53583.35112.71- 790.10180.72
Shareholders equity total535.631 118.971 231.69441.59622.31
Balance sheet total (assets)1 210.662 137.861 928.461 214.551 486.02
Net debt171.94- 804.4688.39555.94485.42
Profitability
EBIT-%
ROA26.8 %45.7 %8.0 %-48.0 %17.3 %
ROE48.6 %70.5 %9.6 %-94.4 %34.0 %
ROI47.4 %83.6 %13.1 %-64.0 %22.0 %
Economic value added (EVA)215.96569.21110.37- 815.11209.98
Solvency
Equity ratio45.6 %53.4 %65.3 %36.4 %41.9 %
Gearing32.4 %0.1 %10.2 %126.2 %80.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.21.00.20.80.9
Current ratio1.72.12.81.61.7
Cash and cash equivalents1.50806.0937.271.5012.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBB

Variable visualization

ROA:17.3%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.9%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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