Skovland ApS — Credit Rating and Financial Key Figures

CVR number: 38863231
Ringkøbingvej 21, Idom 7500 Holstebro

Credit rating

Company information

Official name
Skovland ApS
Personnel
1 person
Established
2017
Domicile
Idom
Company form
Private limited company
Industry
  • Expand more icon02Forestry and logging

About Skovland ApS

Skovland ApS (CVR number: 38863231) is a company from HOLSTEBRO. The company recorded a gross profit of 372.4 kDKK in 2023. The operating profit was 349.4 kDKK, while net earnings were 248.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.6 %, which can be considered excellent and Return on Equity (ROE) was 156.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Skovland ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit543.29847.82228.1268.81372.43
EBIT38.9358.49-48.3546.95349.44
Net earnings1.2321.84-63.6313.34248.27
Shareholders equity total63.2885.1221.4934.83283.10
Balance sheet total (assets)925.131 770.441 168.551 039.331 773.18
Net debt369.53537.00866.81277.44- 285.29
Profitability
EBIT-%
ROA4.2 %4.3 %-2.9 %4.5 %25.6 %
ROE2.0 %29.4 %-119.4 %47.4 %156.2 %
ROI5.3 %5.6 %-3.7 %5.1 %27.0 %
Economic value added (EVA)48.0355.53-31.2834.56303.17
Solvency
Equity ratio6.8 %4.8 %1.8 %3.4 %16.0 %
Gearing936.6 %893.8 %4210.5 %2672.8 %489.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.30.50.81.1
Current ratio1.11.40.91.11.2
Cash and cash equivalents223.23223.8337.99653.421 670.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:25.6%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.0%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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