SKF HOLDING, TVINGSTRUP ApS — Credit Rating and Financial Key Figures

CVR number: 33644086
Strømøvej 3, 8700 Horsens

Credit rating

Company information

Official name
SKF HOLDING, TVINGSTRUP ApS
Established
2011
Company form
Private limited company
Industry

About SKF HOLDING, TVINGSTRUP ApS

SKF HOLDING, TVINGSTRUP ApS (CVR number: 33644086) is a company from HORSENS. The company recorded a gross profit of -6 kDKK in 2023. The operating profit was -6 kDKK, while net earnings were -152.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -5.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.9 %, 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. SKF HOLDING, TVINGSTRUP ApS's liquidity measured by quick ratio was 0.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-2.00-3.75-4.00-4.00-6.04
EBIT-2.00-3.75-4.00-4.00-6.04
Net earnings25.39159.78345.58122.58- 152.41
Shareholders equity total2 882.772 821.352 940.932 834.712 451.10
Balance sheet total (assets)3 656.723 645.833 852.744 265.163 893.93
Net debt672.63598.13580.091 159.821 144.56
Profitability
EBIT-%
ROA1.4 %5.0 %9.8 %3.7 %-3.1 %
ROE0.9 %5.6 %12.0 %4.2 %-5.8 %
ROI1.4 %5.1 %10.0 %3.7 %-3.1 %
Economic value added (EVA)6.875.4822.2165.1983.15
Solvency
Equity ratio78.8 %77.4 %76.3 %66.5 %62.9 %
Gearing25.3 %26.8 %28.6 %50.1 %57.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.31.00.80.7
Current ratio1.61.31.00.80.7
Cash and cash equivalents56.02158.02261.76261.66260.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:-3.06%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.9%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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