SKOVBY MØBELFABRIK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SKOVBY MØBELFABRIK A/S
SKOVBY MØBELFABRIK A/S (CVR number: 24120511) is a company from SKANDERBORG. The company recorded a gross profit of 82.7 mDKK in 2024. The operating profit was -9178.7 kDKK, while net earnings were -7224.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.6 %, which can be considered poor and Return on Equity (ROE) was -7.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SKOVBY MØBELFABRIK A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 91 688.00 | 105 071.00 | 106 087.00 | 85 548.91 | 82 667.46 |
EBIT | 7 657.00 | 15 840.00 | 9 747.00 | -6 752.92 | -9 178.66 |
Net earnings | 5 859.00 | 12 613.00 | 7 258.00 | -5 601.19 | -7 224.62 |
Shareholders equity total | 99 629.00 | 112 243.00 | 109 500.00 | 98 899.18 | 91 674.56 |
Balance sheet total (assets) | 136 257.00 | 157 000.00 | 149 427.00 | 140 102.90 | 130 005.29 |
Net debt | -8 381.31 | -2 371.08 | 811.92 | ||
Profitability | |||||
EBIT-% | |||||
ROA | 5.8 % | 10.8 % | 6.4 % | -4.4 % | -6.6 % |
ROE | 5.9 % | 11.9 % | 6.5 % | -5.4 % | -7.6 % |
ROI | 6.3 % | 10.8 % | 6.4 % | -4.9 % | -8.6 % |
Economic value added (EVA) | 3 220.68 | 10 833.64 | 4 106.79 | -10 269.84 | -11 757.36 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 92.3 % | 70.6 % | 70.6 % |
Gearing | 1.8 % | 2.0 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.1 | |||
Current ratio | 2.8 | 2.7 | |||
Cash and cash equivalents | 8 381.31 | 4 134.96 | 1 053.50 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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