SKOV INDUSTRI A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SKOV INDUSTRI A/S
SKOV INDUSTRI A/S (CVR number: 27924735) is a company from MIDDELFART. The company recorded a gross profit of 5512.8 kDKK in 2024. The operating profit was -2155.9 kDKK, while net earnings were -2398.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.5 %, which can be considered poor and Return on Equity (ROE) was -76.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -31.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SKOV INDUSTRI A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 9 773.42 | 9 951.46 | 8 824.57 | 7 061.63 | 5 512.83 |
EBIT | 404.96 | -1 340.75 | -2 963.89 | -2 161.65 | -2 155.92 |
Net earnings | 291.20 | -1 059.46 | -2 385.70 | -2 318.82 | -2 398.87 |
Shareholders equity total | 5 948.82 | 4 889.36 | 2 503.66 | 184.84 | -2 214.03 |
Balance sheet total (assets) | 9 493.92 | 11 555.56 | 9 173.87 | 7 940.16 | 6 103.68 |
Net debt | -1 981.88 | 1 550.64 | 4 017.74 | 3 903.99 | 3 987.80 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.3 % | -12.7 % | -28.6 % | -25.3 % | -26.5 % |
ROE | 5.0 % | -19.6 % | -64.5 % | -172.5 % | -76.3 % |
ROI | 6.4 % | -21.5 % | -45.7 % | -40.7 % | -53.4 % |
Economic value added (EVA) | -31.62 | -1 350.36 | -2 634.34 | -2 467.09 | -2 360.59 |
Solvency | |||||
Equity ratio | 62.7 % | 42.3 % | 27.3 % | 2.4 % | -31.6 % |
Gearing | 31.7 % | 160.5 % | 2112.1 % | -180.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 0.9 | 0.7 | 0.6 | 0.5 |
Current ratio | 2.6 | 1.6 | 1.3 | 1.0 | 0.7 |
Cash and cash equivalents | 1 981.88 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BB | B |
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