P. A. SAVVÆRK. KORINTH A/S — Credit Rating and Financial Key Figures

CVR number: 87124118
Kaj Lykkesvej 13, Korinth 5600 Faaborg
info@pa-sav.dk
tel: 62651009

Credit rating

Company information

Official name
P. A. SAVVÆRK. KORINTH A/S
Personnel
35 persons
Established
1979
Domicile
Korinth
Company form
Limited company
Industry
  • Expand more icon16Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

About P. A. SAVVÆRK. KORINTH A/S

P. A. SAVVÆRK. KORINTH A/S (CVR number: 87124118) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 18.4 mDKK in 2023. The operating profit was 4918.3 kDKK, while net earnings were 3617.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent and Return on Equity (ROE) was 25.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.7 %, 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. P. A. SAVVÆRK. KORINTH A/S'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 profit18 470.0219 627.6020 577.2920 002.2518 392.00
EBIT2 090.424 137.615 029.764 611.344 918.31
Net earnings2 180.834 129.494 610.583 464.423 617.32
Shareholders equity total13 882.5415 112.0214 392.3313 856.7614 474.08
Balance sheet total (assets)31 794.0136 001.5636 825.8932 926.5332 029.92
Net debt6 263.871 298.45
Profitability
EBIT-%
ROA6.2 %12.2 %13.8 %13.5 %15.3 %
ROE16.1 %28.5 %31.3 %24.5 %25.5 %
ROI7.6 %12.2 %13.8 %15.5 %22.8 %
Economic value added (EVA)1 293.553 440.014 270.382 869.633 170.03
Solvency
Equity ratio100.0 %100.0 %100.0 %43.2 %45.7 %
Gearing51.9 %14.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.7
Current ratio2.12.2
Cash and cash equivalents928.32860.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:15.3%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.7%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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