Sky-Work A/S — Credit Rating and Financial Key Figures

CVR number: 37512931
Fyrrely 23, 7451 Sunds
info@skywork.dk
tel: 91919158
www.skywork.dk

Company information

Official name
Sky-Work A/S
Personnel
31 persons
Established
2016
Company form
Limited company
Industry

About Sky-Work A/S

Sky-Work A/S (CVR number: 37512931) is a company from HERNING. The company recorded a gross profit of 21.5 mDKK in 2023. The operating profit was 1121.5 kDKK, while net earnings were 659.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good but Return on Equity (ROE) was 16.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.1 %, 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. Sky-Work A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit9 766.4811 316.3016 447.6017 794.1821 481.40
EBIT2 524.73321.891 750.691 998.501 121.49
Net earnings1 951.98207.021 313.051 534.64659.62
Shareholders equity total2 081.751 288.772 601.824 136.463 796.08
Balance sheet total (assets)4 639.237 030.8711 516.5211 246.3011 825.38
Net debt-1 604.37- 423.9749.853 217.993 323.28
Profitability
EBIT-%
ROA70.5 %6.0 %19.8 %17.8 %9.9 %
ROE121.6 %12.3 %67.5 %45.5 %16.6 %
ROI149.7 %19.2 %88.7 %40.0 %15.2 %
Economic value added (EVA)1 958.19209.121 316.221 427.16612.98
Solvency
Equity ratio44.9 %18.3 %22.6 %36.8 %32.1 %
Gearing3.4 %8.7 %1.9 %77.8 %97.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.01.11.11.2
Current ratio1.61.01.11.21.2
Cash and cash equivalents1 674.18536.390.01392.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAAA

Variable visualization

ROA:9.91%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.1%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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