SKOVGÅRD-GYLDENVANG HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SKOVGÅRD-GYLDENVANG HOLDING A/S
SKOVGÅRD-GYLDENVANG HOLDING A/S (CVR number: 82091610) is a company from KALUNDBORG. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a decline of -18.7 % compared to the previous year. The operating profit percentage was at 95.7 % (EBIT: 0.9 mDKK), while net earnings were 1008 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent and Return on Equity (ROE) was 4.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SKOVGÅRD-GYLDENVANG HOLDING A/S's liquidity measured by quick ratio was 4.3 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 | 929.12 | 562.65 | 1 400.75 | 1 135.45 | 922.93 |
Gross profit | 929.12 | 562.65 | 1 400.75 | 1 135.45 | 922.93 |
EBIT | 907.23 | 541.10 | 1 378.55 | 1 114.45 | 883.56 |
Net earnings | 743.05 | 617.56 | 1 501.58 | 1 119.64 | 1 007.99 |
Shareholders equity total | 18 138.25 | 18 755.81 | 20 214.40 | 21 334.04 | 22 142.04 |
Balance sheet total (assets) | 18 870.82 | 19 479.90 | 20 741.94 | 21 528.51 | 22 306.78 |
Net debt | 587.86 | 357.97 | -2.49 | 131.52 | - 431.02 |
Profitability | |||||
EBIT-% | 97.6 % | 96.2 % | 98.4 % | 98.2 % | 95.7 % |
ROA | 5.4 % | 3.5 % | 7.6 % | 6.2 % | 4.8 % |
ROE | 4.2 % | 3.3 % | 7.7 % | 5.4 % | 4.6 % |
ROI | 4.2 % | 3.5 % | 7.8 % | 5.6 % | 4.8 % |
Economic value added (EVA) | 1 483.04 | 460.04 | 1 314.88 | 1 134.60 | 913.74 |
Solvency | |||||
Equity ratio | 96.1 % | 96.3 % | 97.5 % | 99.1 % | 99.3 % |
Gearing | 3.8 % | 3.3 % | 2.4 % | 0.8 % | 0.6 % |
Relative net indebtedness % | 68.2 % | 81.1 % | 2.8 % | 14.6 % | -42.7 % |
Liquidity | |||||
Quick ratio | 2.5 | 2.8 | 3.8 | 0.3 | 4.3 |
Current ratio | 2.5 | 2.8 | 3.8 | 0.3 | 4.3 |
Cash and cash equivalents | 99.10 | 268.02 | 487.97 | 28.91 | 558.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 118.1 % | 224.4 % | 105.9 % | -12.0 % | 39.0 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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