SKARE BEEF PRODUCTS ApS — Credit Rating and Financial Key Figures

CVR number: 10046181
Industrivej Syd 1, 6600 Vejen

Credit rating

Company information

Official name
SKARE BEEF PRODUCTS ApS
Established
1985
Company form
Private limited company
Industry

About SKARE BEEF PRODUCTS ApS

SKARE BEEF PRODUCTS ApS (CVR number: 10046181) is a company from VEJEN. The company recorded a gross profit of -69 kDKK in 2021. The operating profit was -69 kDKK, while net earnings were 16.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 33.2 %, which can be considered excellent and Return on Equity (ROE) was 45.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.5 %, 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. SKARE BEEF PRODUCTS ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit-49.45-5.48-64.82-59.55-69.00
EBIT-69.4554.52-64.82-59.55-69.00
Net earnings-2 740.291 790.63-5 900.2865.7116 505.05
Shareholders equity total2 349.764 140.39-1 759.88-1 694.1714 810.88
Balance sheet total (assets)86 229.7979 599.5562 296.2558 173.7565 941.18
Net debt68 612.4672 636.8762 257.7955 644.4644 648.71
Profitability
EBIT-%
ROA-3.1 %2.8 %-8.2 %6.2 %33.2 %
ROE-152.7 %55.2 %-17.8 %0.1 %45.2 %
ROI-3.5 %3.2 %-8.5 %6.5 %36.3 %
Economic value added (EVA)231.17264.24157.71126.53253.08
Solvency
Equity ratio2.7 %5.2 %-2.7 %-2.8 %22.5 %
Gearing2920.0 %1754.3 %-3537.6 %-3284.5 %301.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.90.90.90.9
Current ratio1.00.90.90.90.9
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:33.2%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.5%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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