SKOVS KORN INTERNATIONAL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SKOVS KORN INTERNATIONAL ApS
SKOVS KORN INTERNATIONAL ApS (CVR number: 35671765) is a company from VEJLE. The company recorded a gross profit of -36.3 kDKK in 2023. The operating profit was -36.3 kDKK, while net earnings were 17.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 43.8 %, which can be considered excellent and Return on Equity (ROE) was 49.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.5 %, 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. SKOVS KORN INTERNATIONAL ApS's liquidity measured by quick ratio was 2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -29.35 | -34.02 | -41.63 | -42.11 | -36.32 |
EBIT | -29.35 | -34.02 | -41.63 | -42.11 | -36.32 |
Net earnings | 16 924.80 | 6 678.52 | 10 129.65 | 26 091.73 | 17 306.69 |
Shareholders equity total | 21 385.81 | 11 164.33 | 19 289.98 | 41 381.71 | 28 688.40 |
Balance sheet total (assets) | 22 359.32 | 13 758.14 | 21 759.40 | 41 720.78 | 38 513.00 |
Net debt | 193.57 | 1 765.50 | 1 909.68 | -1 960.98 | -4 518.31 |
Profitability | |||||
EBIT-% | |||||
ROA | 89.4 % | 37.3 % | 57.3 % | 82.5 % | 43.8 % |
ROE | 94.4 % | 41.0 % | 66.5 % | 86.0 % | 49.4 % |
ROI | 89.5 % | 37.3 % | 57.5 % | 82.6 % | 43.8 % |
Economic value added (EVA) | 9.38 | 1.24 | - 269.98 | - 353.43 | - 533.80 |
Solvency | |||||
Equity ratio | 95.6 % | 81.1 % | 88.7 % | 99.2 % | 74.5 % |
Gearing | 4.5 % | 16.3 % | 12.5 % | 0.7 % | 34.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 4.0 | 3.8 | 40.9 | 2.0 |
Current ratio | 1.2 | 4.0 | 3.8 | 40.9 | 2.0 |
Cash and cash equivalents | 759.93 | 53.30 | 510.33 | 2 238.91 | 14 281.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | A |
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