SKF HOLDING, TVINGSTRUP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 25.39 | 159.78 | 345.58 | 122.58 | - 152.41 |
Shareholders equity total | 2 882.77 | 2 821.35 | 2 940.93 | 2 834.71 | 2 451.10 |
Balance sheet total (assets) | 3 656.72 | 3 645.83 | 3 852.74 | 4 265.16 | 3 893.93 |
Net debt | 672.63 | 598.13 | 580.09 | 1 159.82 | 1 144.56 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.4 % | 5.0 % | 9.8 % | 3.7 % | -3.1 % |
ROE | 0.9 % | 5.6 % | 12.0 % | 4.2 % | -5.8 % |
ROI | 1.4 % | 5.1 % | 10.0 % | 3.7 % | -3.1 % |
Economic value added (EVA) | 6.87 | 5.48 | 22.21 | 65.19 | 83.15 |
Solvency | |||||
Equity ratio | 78.8 % | 77.4 % | 76.3 % | 66.5 % | 62.9 % |
Gearing | 25.3 % | 26.8 % | 28.6 % | 50.1 % | 57.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.3 | 1.0 | 0.8 | 0.7 |
Current ratio | 1.6 | 1.3 | 1.0 | 0.8 | 0.7 |
Cash and cash equivalents | 56.02 | 158.02 | 261.76 | 261.66 | 260.73 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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