SKIVE GARN ApS — Credit Rating and Financial Key Figures

CVR number: 25727665
Christiansgade 7 A, 7800 Skive

Company information

Official name
SKIVE GARN ApS
Personnel
10 persons
Established
2014
Company form
Private limited company
Industry

About SKIVE GARN ApS

SKIVE GARN ApS (CVR number: 25727665) is a company from SKIVE. The company recorded a gross profit of 3315.5 kDKK in 2023. The operating profit was 1486.9 kDKK, while net earnings were 1140.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.2 %, which can be considered excellent but Return on Equity (ROE) was 13.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 89.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SKIVE GARN ApS's liquidity measured by quick ratio was 4.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 276.462 953.993 152.623 634.383 315.51
EBIT797.001 656.791 639.841 944.461 486.91
Net earnings534.371 199.271 173.821 704.641 140.38
Shareholders equity total4 963.935 963.206 937.028 141.668 782.04
Balance sheet total (assets)9 135.4410 179.3110 040.329 766.809 852.95
Net debt1 028.68- 131.21- 752.84-2 020.69-2 345.75
Profitability
EBIT-%
ROA9.0 %17.2 %16.2 %22.7 %15.2 %
ROE11.2 %22.0 %18.2 %22.6 %13.5 %
ROI10.1 %19.5 %18.3 %26.3 %17.6 %
Economic value added (EVA)293.77998.44993.991 207.11850.79
Solvency
Equity ratio54.3 %58.6 %69.1 %83.4 %89.1 %
Gearing62.1 %48.7 %26.8 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.22.72.92.44.1
Current ratio3.54.14.73.96.3
Cash and cash equivalents2 053.103 035.792 614.312 022.072 347.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:15.2%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.1%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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