JV SKIVE HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About JV SKIVE HOLDING A/S
JV SKIVE HOLDING A/S (CVR number: 20728779) is a company from SKIVE. The company reported a net sales of 1.4 mDKK in 2023, demonstrating a decline of -27.9 % compared to the previous year. The operating profit percentage was at 87.5 % (EBIT: 1.2 mDKK), while net earnings were 2455.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good and Return on Equity (ROE) was 11.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JV SKIVE HOLDING A/S's liquidity measured by quick ratio was 104.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 171.37 | 2 400.90 | 1 906.91 | 1 946.96 | 1 402.84 |
Gross profit | 1 160.90 | 2 382.36 | 1 872.01 | 1 932.88 | 1 387.26 |
EBIT | 1 160.90 | 2 382.36 | 1 872.01 | 1 812.88 | 1 227.26 |
Net earnings | 1 157.58 | 3 744.29 | 1 316.00 | 2 757.40 | 2 455.10 |
Shareholders equity total | 13 081.32 | 16 715.01 | 17 918.01 | 20 561.01 | 22 898.31 |
Balance sheet total (assets) | 13 087.57 | 17 030.15 | 17 924.26 | 20 687.26 | 23 321.53 |
Net debt | -8 946.82 | -11 672.56 | -10 227.09 | -13 653.07 | -17 275.25 |
Profitability | |||||
EBIT-% | 99.1 % | 99.2 % | 98.2 % | 93.1 % | 87.5 % |
ROA | 10.4 % | 27.4 % | 12.7 % | 15.5 % | 12.6 % |
ROE | 9.2 % | 25.1 % | 7.6 % | 14.3 % | 11.3 % |
ROI | 10.4 % | 27.7 % | 12.8 % | 15.5 % | 12.8 % |
Economic value added (EVA) | 1 187.96 | 2 148.68 | 2 256.96 | 1 652.12 | 1 122.49 |
Solvency | |||||
Equity ratio | 100.0 % | 98.1 % | 100.0 % | 99.4 % | 98.2 % |
Gearing | |||||
Relative net indebtedness % | -763.3 % | -473.0 % | -536.0 % | -694.8 % | -1201.3 % |
Liquidity | |||||
Quick ratio | 1 532.2 | 1 874.8 | 1 688.8 | 109.6 | 104.4 |
Current ratio | 1 532.2 | 1 874.8 | 1 688.8 | 109.6 | 104.4 |
Cash and cash equivalents | 8 946.82 | 11 672.56 | 10 227.09 | 13 653.07 | 17 275.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 276.1 % | 124.8 % | 159.8 % | 63.1 % | 248.4 % |
Credit risk | |||||
Credit rating | A | AA | A | AA | AA |
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