SKIVE VAND A/S — Credit Rating and Financial Key Figures

CVR number: 30238974
Norgesvej 5, 7800 Skive

Credit rating

Company information

Official name
SKIVE VAND A/S
Personnel
34 persons
Established
2007
Company form
Limited company
Industry
  • Expand more icon36Water collection, treatment and supply

About SKIVE VAND A/S

SKIVE VAND A/S (CVR number: 30238974) is a company from SKIVE. The company reported a net sales of 113 mDKK in 2023, demonstrating a growth of 8.3 % compared to the previous year. The operating profit percentage was at 9.9 % (EBIT: 11.1 mDKK), while net earnings were 8082 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 89.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SKIVE VAND A/S'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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales116.15105.89102.68104.33113.03
Gross profit37.8628.1121.2721.8224.96
EBIT37.8628.1121.2710.8911.15
Net earnings24.6717.201.569.718.08
Shareholders equity total1 418.301 435.501 437.061 446.771 458.18
Balance sheet total (assets)1 570.841 576.511 574.581 590.851 631.65
Net debt123.2087.69
Profitability
EBIT-%32.6 %26.5 %20.7 %10.4 %9.9 %
ROA2.4 %1.8 %1.3 %0.8 %0.8 %
ROE1.8 %1.2 %0.1 %0.7 %0.6 %
ROI2.4 %1.8 %1.3 %0.8 %0.8 %
Economic value added (EVA)-36.90-43.16-50.87-61.32-67.13
Solvency
Equity ratio100.0 %100.0 %100.0 %92.1 %89.4 %
Gearing8.5 %7.6 %
Relative net indebtedness %115.4 %130.0 %
Liquidity
Quick ratio1.72.4
Current ratio2.32.6
Cash and cash equivalents0.2423.52
Capital use efficiency
Trade debtors turnover (days)6.428.7
Net working capital %11.7 %29.3 %
Credit risk
Credit ratingBBBBBBBBBAAAAA

Variable visualization

ROA:0.75%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.4%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer
Board member
Board member
Board member

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