SKOVGAARD MORTENSEN ApS — Credit Rating and Financial Key Figures

CVR number: 29225672
Rygbjergvej 8, 7183 Randbøl
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Company information

Official name
SKOVGAARD MORTENSEN ApS
Established
2005
Company form
Private limited company
Industry

About SKOVGAARD MORTENSEN ApS

SKOVGAARD MORTENSEN ApS (CVR number: 29225672) is a company from VEJLE. The company recorded a gross profit of -95.1 kDKK in 2024. The operating profit was -95.1 kDKK, while net earnings were 29.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 27.4 %, which can be considered excellent and Return on Equity (ROE) was 23.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SKOVGAARD MORTENSEN ApS's liquidity measured by quick ratio was 17.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-17.19-21.60-20.16-55.64-95.08
EBIT-17.19-21.60-20.16-55.64-95.08
Net earnings13 221.8222 358.4025 370.2126 788.0729 751.94
Shareholders equity total54 316.0375 561.4397 817.24116 487.51140 117.45
Balance sheet total (assets)59 544.2279 019.62103 087.37123 875.35144 959.25
Net debt-31 066.38-40 372.38-54 830.50-75 229.20-86 562.16
Profitability
EBIT-%
ROA28.0 %38.9 %29.0 %26.7 %27.4 %
ROE27.4 %34.4 %29.3 %25.0 %23.2 %
ROI30.0 %41.5 %30.5 %28.3 %28.7 %
Economic value added (EVA)-2 133.92-2 750.79-3 816.63-4 956.96-5 949.03
Solvency
Equity ratio91.2 %95.6 %94.9 %94.0 %96.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio7.311.810.512.217.9
Current ratio7.311.810.512.217.9
Cash and cash equivalents31 066.3840 372.3854 830.5075 229.2086 562.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:27.4%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.7%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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