SKOVBAKGÅRD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SKOVBAKGÅRD ApS
SKOVBAKGÅRD ApS (CVR number: 26010772) is a company from VEJEN. The company recorded a gross profit of 1438.8 kDKK in 2023. The operating profit was 1083.9 kDKK, while net earnings were -315.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was -2.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.2 %, 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. SKOVBAKGÅRD ApS's liquidity measured by quick ratio was 0.6 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 | 1 489.63 | 2 009.16 | - 189.70 | 2 347.86 | 1 438.77 |
EBIT | 708.72 | 1 636.05 | - 529.78 | 2 007.78 | 1 083.86 |
Net earnings | 622.41 | 375.84 | - 683.87 | 1 567.08 | - 315.77 |
Shareholders equity total | 11 675.94 | 12 051.77 | 11 278.18 | 12 845.26 | 12 529.50 |
Balance sheet total (assets) | 43 731.30 | 42 553.48 | 37 867.02 | 38 922.65 | 38 888.60 |
Net debt | 29 484.26 | 27 882.53 | 21 855.49 | 19 710.08 | 20 664.24 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.9 % | 4.4 % | -1.2 % | 6.0 % | 3.4 % |
ROE | 6.7 % | 3.2 % | -5.9 % | 13.0 % | -2.5 % |
ROI | 3.9 % | 4.5 % | -1.2 % | 6.4 % | 3.6 % |
Economic value added (EVA) | -1 086.60 | - 563.32 | -2 362.46 | 140.24 | - 841.14 |
Solvency | |||||
Equity ratio | 26.7 % | 28.3 % | 29.8 % | 33.0 % | 32.2 % |
Gearing | 252.5 % | 231.4 % | 193.8 % | 164.6 % | 165.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 2.6 | 0.1 | 0.6 | 0.6 |
Current ratio | 0.1 | 2.6 | 0.1 | 0.6 | 0.6 |
Cash and cash equivalents | 1 438.86 | 21.11 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | BBB | AA | A |
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