SKOVS KORN HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 20095695
Præsteskoven 6, Vonsbæk 6100 Haderslev
tel: 74522073

Company information

Official name
SKOVS KORN HOLDING A/S
Personnel
1 person
Established
1997
Domicile
Vonsbæk
Company form
Limited company
Industry

About SKOVS KORN HOLDING A/S

SKOVS KORN HOLDING A/S (CVR number: 20095695) is a company from HADERSLEV. The company recorded a gross profit of -244.5 kDKK in 2023. The operating profit was -539.9 kDKK, while net earnings were 577 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 94.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SKOVS KORN HOLDING A/S's liquidity measured by quick ratio was 13.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-80.41- 230.64- 209.94- 234.88- 244.46
EBIT- 117.01- 479.25- 458.56- 495.27- 539.95
Net earnings1 084.881 963.45- 553.14127.43577.05
Shareholders equity total29 714.0223 677.4718 124.3316 751.7617 211.00
Balance sheet total (assets)29 962.3125 243.6118 672.0417 422.4318 126.63
Net debt-19 558.57-15 648.19-13 138.53-10 190.64-11 508.57
Profitability
EBIT-%
ROA4.6 %9.8 %4.9 %1.1 %4.3 %
ROE3.5 %7.4 %-2.6 %0.7 %3.4 %
ROI4.6 %9.9 %5.0 %1.1 %4.3 %
Economic value added (EVA)- 250.04- 870.24- 718.55- 557.89- 720.35
Solvency
Equity ratio99.2 %93.8 %97.1 %96.2 %94.9 %
Gearing3.6 %2.8 %3.6 %2.4 %
Relative net indebtedness %
Liquidity
Quick ratio103.011.025.116.213.1
Current ratio103.011.025.116.213.1
Cash and cash equivalents19 558.5716 495.5713 652.8710 797.9411 917.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:4.28%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.9%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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