M. K. HOLDING, SKAVE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M. K. HOLDING, SKAVE ApS
M. K. HOLDING, SKAVE ApS (CVR number: 34087784) is a company from HOLSTEBRO. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of 57.1 % compared to the previous year. The operating profit percentage was poor at -31.1 % (EBIT: -0 mDKK), while net earnings were 631.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good and Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 79.4 %, 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. M. K. HOLDING, SKAVE ApS's liquidity measured by quick ratio was 2.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 27.53 | 46.40 | 72.90 | ||
Gross profit | 27.53 | 46.40 | 72.90 | ||
EBIT | -23.63 | -28.29 | -61.61 | -28.65 | -22.68 |
Net earnings | 1 053.71 | 1 021.23 | 870.01 | 574.60 | 631.15 |
Shareholders equity total | 4 315.07 | 5 281.00 | 6 094.51 | 6 611.91 | 7 184.16 |
Balance sheet total (assets) | 5 778.38 | 6 460.59 | 7 386.67 | 8 331.30 | 9 051.60 |
Net debt | -2 558.74 | -2 496.25 | -2 190.43 | 687.59 | 136.30 |
Profitability | |||||
EBIT-% | -223.8 % | -61.7 % | -31.1 % | ||
ROA | 21.5 % | 19.2 % | 13.7 % | 10.8 % | 8.8 % |
ROE | 27.6 % | 21.3 % | 15.3 % | 9.0 % | 9.1 % |
ROI | 29.4 % | 24.5 % | 16.7 % | 11.8 % | 8.8 % |
Economic value added (EVA) | 102.76 | 113.33 | 77.87 | 113.51 | 47.25 |
Solvency | |||||
Equity ratio | 74.7 % | 81.7 % | 82.5 % | 79.4 % | 79.4 % |
Gearing | 25.6 % | 25.5 % | |||
Relative net indebtedness % | -3263.3 % | 1540.8 % | 237.4 % | ||
Liquidity | |||||
Quick ratio | 2.0 | 2.7 | 2.5 | 2.3 | 2.4 |
Current ratio | 2.0 | 2.7 | 2.5 | 2.3 | 2.4 |
Cash and cash equivalents | 2 558.74 | 2 496.25 | 2 190.43 | 1 004.46 | 1 694.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 262.3 | 456.2 | 368.0 | ||
Net working capital % | 2418.0 % | 3329.1 % | 3651.6 % | ||
Credit risk | |||||
Credit rating | A | A | A | AA | AA |
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