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SKOVS KORN A/S. KORN- OG FODERSTOFAGENTUR — Credit Rating and Financial Key Figures

CVR number: 10309905
Stævnen 44, 7100 Vejle
tel: 74522073
Free credit report Annual report

Credit rating

Company information

Official name
SKOVS KORN A/S. KORN- OG FODERSTOFAGENTUR
Personnel
7 persons
Established
1986
Company form
Limited company
Industry

About SKOVS KORN A/S. KORN- OG FODERSTOFAGENTUR

SKOVS KORN A/S. KORN- OG FODERSTOFAGENTUR (CVR number: 10309905) is a company from VEJLE. The company recorded a gross profit of 12.3 mDKK in 2024. The operating profit was 5201.9 kDKK, while net earnings were 11.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 47.1 %, which can be considered excellent and Return on Equity (ROE) was 71.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.6 %, 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. SKOVS KORN A/S. KORN- OG FODERSTOFAGENTUR's liquidity measured by quick ratio was 3.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit19 159.7926 078.3123 594.1025 343.0512 344.97
EBIT11 150.0018 413.6914 153.1112 899.735 201.93
Net earnings5 544.0038 950.7519 107.5511 641.78
Shareholders equity total6 374.009 176.8441 327.5919 935.1412 576.93
Balance sheet total (assets)11 343.0020 453.6254 449.2744 300.9123 015.95
Net debt-3 313.995 485.75-28 051.06-17 132.96-18 423.76
Profitability
EBIT-%
ROA53.7 %175.7 %123.4 %48.6 %47.1 %
ROE44.3 %154.2 %62.4 %71.6 %
ROI84.0 %233.9 %156.4 %68.1 %77.0 %
Economic value added (EVA)7 705.6818 325.429 877.197 877.762 592.61
Solvency
Equity ratio56.2 %31.0 %75.9 %45.0 %54.6 %
Gearing1.0 %84.6 %1.8 %42.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.20.97.81.93.5
Current ratio3.20.97.81.93.5
Cash and cash equivalents3 376.832 277.8428 776.4925 531.9718 441.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:47.1%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.6%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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