SK Timber ApS — Credit Rating and Financial Key Figures

CVR number: 40438432
Stenildhøjdalen 35, 9600 Aars

Credit rating

Company information

Official name
SK Timber ApS
Established
2019
Company form
Private limited company
Industry

About SK Timber ApS

SK Timber ApS (CVR number: 40438432) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -14.5 kDKK in 2024. The operating profit was -14.5 kDKK, while net earnings were 225.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent and Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 54.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SK Timber ApS's liquidity measured by quick ratio was 0.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-8.37-9.19-20.09-17.88-14.52
EBIT-8.37-9.19-20.09-17.88-14.52
Net earnings518.101 502.111 219.92179.13225.64
Shareholders equity total830.952 220.063 325.583 386.912 612.55
Balance sheet total (assets)1 910.053 108.346 472.146 087.724 760.62
Net debt2.14281.31137.68- 354.9519.81
Profitability
EBIT-%
ROA32.6 %63.2 %28.8 %6.9 %7.8 %
ROE93.1 %98.5 %44.0 %5.3 %7.5 %
ROI32.7 %63.3 %39.8 %11.1 %12.2 %
Economic value added (EVA)-19.87-45.00124.19264.05196.00
Solvency
Equity ratio43.5 %71.4 %51.4 %55.6 %54.9 %
Gearing8.1 %18.2 %14.8 %16.6 %16.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.30.71.60.9
Current ratio1.10.30.71.60.9
Cash and cash equivalents65.36123.69353.54917.45411.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.84%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.9%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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