SKOVBY MØBELFABRIK A/S — Credit Rating and Financial Key Figures

CVR number: 24120511
Frichsvej 43, 8464 Galten
tel: 87545555

Credit rating

Company information

Official name
SKOVBY MØBELFABRIK A/S
Personnel
201 persons
Established
1966
Company form
Limited company
Industry
  • Expand more icon310000

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit91 688.00105 071.00106 087.0085 548.9182 667.46
EBIT7 657.0015 840.009 747.00-6 752.92-9 178.66
Net earnings5 859.0012 613.007 258.00-5 601.19-7 224.62
Shareholders equity total99 629.00112 243.00109 500.0098 899.1891 674.56
Balance sheet total (assets)136 257.00157 000.00149 427.00140 102.90130 005.29
Net debt-8 381.31-2 371.08811.92
Profitability
EBIT-%
ROA5.8 %10.8 %6.4 %-4.4 %-6.6 %
ROE5.9 %11.9 %6.5 %-5.4 %-7.6 %
ROI6.3 %10.8 %6.4 %-4.9 %-8.6 %
Economic value added (EVA)3 220.6810 833.644 106.79-10 269.84-11 757.36
Solvency
Equity ratio100.0 %100.0 %92.3 %70.6 %70.6 %
Gearing1.8 %2.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.1
Current ratio2.82.7
Cash and cash equivalents8 381.314 134.961 053.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:-6.57%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.6%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member
Board member
Board member

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