A/S SKOVENDE-STARUP PLANTAGE — Credit Rating and Financial Key Figures

CVR number: 36025212
Gl Grindstedvej 5, Starup 7200 Grindsted

Credit rating

Company information

Official name
A/S SKOVENDE-STARUP PLANTAGE
Established
1999
Domicile
Starup
Company form
Limited company
Industry

About A/S SKOVENDE-STARUP PLANTAGE

A/S SKOVENDE-STARUP PLANTAGE (CVR number: 36025212) is a company from VARDE. The company recorded a gross profit of 23.3 kDKK in 2023. The operating profit was 23.3 kDKK, while net earnings were 225.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good and Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. A/S SKOVENDE-STARUP PLANTAGE's liquidity measured by quick ratio was 30.5 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales377.46339.31226.28
Gross profit-36.96-54.5589.83165.2823.35
EBIT-36.96-54.5589.83165.2823.35
Net earnings82.53-46.63267.75175.66225.13
Shareholders equity total1 918.771 872.142 139.902 315.562 540.69
Balance sheet total (assets)1 931.022 000.962 235.952 394.292 614.17
Net debt-1 362.86-1 116.98-1 473.51-1 542.69-1 922.88
Profitability
EBIT-%-9.8 %-16.1 %39.7 %
ROA5.6 %-0.2 %16.2 %9.9 %11.6 %
ROE4.4 %-2.5 %13.3 %7.9 %9.3 %
ROI5.7 %-0.2 %17.1 %10.3 %12.0 %
Economic value added (EVA)- 121.13- 139.04-23.9619.76-98.30
Solvency
Equity ratio99.4 %93.6 %95.7 %96.7 %97.2 %
Gearing
Relative net indebtedness %-357.8 %-291.2 %-608.7 %
Liquidity
Quick ratio127.212.619.424.830.5
Current ratio127.212.619.425.730.5
Cash and cash equivalents1 362.861 116.981 473.511 542.691 922.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %83.8 %126.7 %220.7 %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:11.6%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.2%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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