SKYWAYS TECHNICS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SKYWAYS TECHNICS A/S
SKYWAYS TECHNICS A/S (CVR number: 34472874) is a company from SØNDERBORG. The company reported a net sales of 510.8 mDKK in 2023. The operating profit percentage was at 9.9 % (EBIT: 50.5 mDKK), while net earnings were 40.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 24.1 %, which can be considered excellent and Return on Equity (ROE) was 56.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.5 %, 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. SKYWAYS TECHNICS A/S'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 510 791.00 | ||||
Gross profit | 56 555.00 | 35 616.00 | 40 167.00 | 44 023.00 | 99 656.00 |
EBIT | -2 879.00 | -4 926.00 | 14 963.00 | 8 493.00 | 50 501.00 |
Net earnings | 1 547.00 | -7 776.00 | 13 799.00 | 10 121.00 | 40 561.00 |
Shareholders equity total | 62 381.00 | 27 089.00 | 41 335.00 | 51 543.00 | 91 200.00 |
Balance sheet total (assets) | 159 502.00 | 118 063.00 | 127 341.00 | 188 533.00 | 304 817.00 |
Net debt | 54 480.00 | 5 723.00 | |||
Profitability | |||||
EBIT-% | 9.9 % | ||||
ROA | -1.9 % | -3.5 % | 12.2 % | 9.2 % | 24.1 % |
ROE | 2.5 % | -17.4 % | 40.3 % | 21.8 % | 56.8 % |
ROI | -1.9 % | -3.5 % | 12.2 % | 12.1 % | 43.1 % |
Economic value added (EVA) | -5 917.22 | -8 060.65 | 13 601.78 | 4 494.45 | 34 636.48 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 30.0 % | 32.5 % |
Gearing | 111.7 % | 73.9 % | |||
Relative net indebtedness % | 29.5 % | ||||
Liquidity | |||||
Quick ratio | 0.6 | 0.9 | |||
Current ratio | 1.3 | 1.5 | |||
Cash and cash equivalents | 3 099.00 | 61 678.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 32.1 | ||||
Net working capital % | 17.5 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | A | AA | AA |
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