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 -7.4 kDKK in 2024. The operating profit was -7.4 kDKK, while net earnings were 0.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 52.6 %, 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. SKF HOLDING, TVINGSTRUP ApS's liquidity measured by quick ratio was 0.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3.75 | -4.00 | -4.00 | -6.04 | -7.44 |
EBIT | -3.75 | -4.00 | -4.00 | -6.04 | -7.44 |
Net earnings | 159.78 | 345.58 | 122.58 | - 152.41 | 0.46 |
Shareholders equity total | 2 821.35 | 2 940.93 | 2 834.71 | 2 451.10 | 2 207.56 |
Balance sheet total (assets) | 3 645.83 | 3 852.74 | 4 265.16 | 3 893.93 | 4 200.33 |
Net debt | 598.13 | 580.09 | 1 159.82 | 1 144.56 | 1 048.18 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.0 % | 9.8 % | 3.7 % | -3.1 % | 0.8 % |
ROE | 5.6 % | 12.0 % | 4.2 % | -5.8 % | 0.0 % |
ROI | 5.1 % | 10.0 % | 3.7 % | -3.1 % | 0.8 % |
Economic value added (EVA) | - 185.22 | - 182.89 | - 193.31 | - 218.55 | - 199.55 |
Solvency | |||||
Equity ratio | 77.4 % | 76.3 % | 66.5 % | 62.9 % | 52.6 % |
Gearing | 26.8 % | 28.6 % | 50.1 % | 57.3 % | 87.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.0 | 0.8 | 0.7 | 0.5 |
Current ratio | 1.3 | 1.0 | 0.8 | 0.7 | 0.5 |
Cash and cash equivalents | 158.02 | 261.76 | 261.66 | 260.73 | 876.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
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