Skovgaard Energy A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Skovgaard Energy A/S
Skovgaard Energy A/S (CVR number: 24205371) is a company from LEMVIG. The company reported a net sales of 7.3 mDKK in 2024, demonstrating a decline of -42.2 % compared to the previous year. The operating profit percentage was poor at -536.1 % (EBIT: -39.3 mDKK), while net earnings were 22.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 9.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 28.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Skovgaard Energy A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 264 820.26 | 12 694.76 | 7 339.33 | ||
Gross profit | 73 074.47 | 68 935.59 | 219 854.57 | -12 447.49 | -3 074.41 |
EBIT | 9 240.26 | 25 961.01 | 150 935.89 | -38 558.48 | -39 347.74 |
Net earnings | 41 336.58 | 74 643.24 | 395 184.29 | 644 604.62 | 22 147.99 |
Shareholders equity total | 574 290.66 | 441 185.17 | 712 883.27 | 238 220.06 | 243 086.38 |
Balance sheet total (assets) | 1 290 513.40 | 1 110 778.25 | 1 284 024.04 | 1 317 497.37 | 864 508.20 |
Net debt | 554 334.47 | 506 984.67 | 298 388.73 | 633 199.33 | 460 852.59 |
Profitability | |||||
EBIT-% | 57.0 % | -303.7 % | -536.1 % | ||
ROA | 4.3 % | 8.4 % | 39.4 % | 64.7 % | 7.1 % |
ROE | 7.6 % | 14.7 % | 68.5 % | 135.5 % | 9.2 % |
ROI | 4.4 % | 8.6 % | 41.9 % | 76.3 % | 8.5 % |
Economic value added (EVA) | -56 383.74 | -44 831.36 | 59 523.95 | -83 112.99 | -80 459.26 |
Solvency | |||||
Equity ratio | 44.5 % | 39.7 % | 55.5 % | 18.1 % | 28.1 % |
Gearing | 99.0 % | 117.4 % | 43.0 % | 313.6 % | 195.4 % |
Relative net indebtedness % | 178.7 % | 7132.7 % | 7358.7 % | ||
Liquidity | |||||
Quick ratio | 0.9 | 0.8 | 2.0 | 1.0 | 1.0 |
Current ratio | 0.9 | 0.8 | 2.0 | 1.0 | 1.0 |
Cash and cash equivalents | 14 475.76 | 10 901.35 | 8 407.56 | 113 760.28 | 14 236.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 36.9 | 95.8 | 93.0 | ||
Net working capital % | 83.2 % | -34.9 % | 245.7 % | ||
Credit risk | |||||
Credit rating | AA | AA | AA | BBB | A |
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