SKIVE VAND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 116.15 | 105.89 | 102.68 | 104.33 | 113.03 |
Gross profit | 37.86 | 28.11 | 21.27 | 21.82 | 24.96 |
EBIT | 37.86 | 28.11 | 21.27 | 10.89 | 11.15 |
Net earnings | 24.67 | 17.20 | 1.56 | 9.71 | 8.08 |
Shareholders equity total | 1 418.30 | 1 435.50 | 1 437.06 | 1 446.77 | 1 458.18 |
Balance sheet total (assets) | 1 570.84 | 1 576.51 | 1 574.58 | 1 590.85 | 1 631.65 |
Net debt | 123.20 | 87.69 | |||
Profitability | |||||
EBIT-% | 32.6 % | 26.5 % | 20.7 % | 10.4 % | 9.9 % |
ROA | 2.4 % | 1.8 % | 1.3 % | 0.8 % | 0.8 % |
ROE | 1.8 % | 1.2 % | 0.1 % | 0.7 % | 0.6 % |
ROI | 2.4 % | 1.8 % | 1.3 % | 0.8 % | 0.8 % |
Economic value added (EVA) | -36.90 | -43.16 | -50.87 | -61.32 | -67.13 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 92.1 % | 89.4 % |
Gearing | 8.5 % | 7.6 % | |||
Relative net indebtedness % | 115.4 % | 130.0 % | |||
Liquidity | |||||
Quick ratio | 1.7 | 2.4 | |||
Current ratio | 2.3 | 2.6 | |||
Cash and cash equivalents | 0.24 | 23.52 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 6.4 | 28.7 | |||
Net working capital % | 11.7 % | 29.3 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AAA |
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