Skovgaard Energy A/S — Credit Rating and Financial Key Figures

CVR number: 24205371
Havnen 66, 7620 Lemvig
mec@skovgaardenergy.dk
tel: 96635151
www.skovgaardenergy.dk

Company information

Official name
Skovgaard Energy A/S
Personnel
27 persons
Established
1999
Company form
Limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales264 820.2612 694.767 339.33
Gross profit73 074.4768 935.59219 854.57-12 447.49-3 074.41
EBIT9 240.2625 961.01150 935.89-38 558.48-39 347.74
Net earnings41 336.5874 643.24395 184.29644 604.6222 147.99
Shareholders equity total574 290.66441 185.17712 883.27238 220.06243 086.38
Balance sheet total (assets)1 290 513.401 110 778.251 284 024.041 317 497.37864 508.20
Net debt554 334.47506 984.67298 388.73633 199.33460 852.59
Profitability
EBIT-%57.0 %-303.7 %-536.1 %
ROA4.3 %8.4 %39.4 %64.7 %7.1 %
ROE7.6 %14.7 %68.5 %135.5 %9.2 %
ROI4.4 %8.6 %41.9 %76.3 %8.5 %
Economic value added (EVA)-56 383.74-44 831.3659 523.95-83 112.99-80 459.26
Solvency
Equity ratio44.5 %39.7 %55.5 %18.1 %28.1 %
Gearing99.0 %117.4 %43.0 %313.6 %195.4 %
Relative net indebtedness %178.7 %7132.7 %7358.7 %
Liquidity
Quick ratio0.90.82.01.01.0
Current ratio0.90.82.01.01.0
Cash and cash equivalents14 475.7610 901.358 407.56113 760.2814 236.31
Capital use efficiency
Trade debtors turnover (days)36.995.893.0
Net working capital %83.2 %-34.9 %245.7 %
Credit risk
Credit ratingAAAAAABBBA

Variable visualization

ROA:7.14%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.1%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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