SKAKO VIBRATION A/S
Credit rating
Company information
About SKAKO VIBRATION A/S
SKAKO VIBRATION A/S (CVR number: 20666072) is a company from FAABORG-MIDTFYN. The company reported a net sales of 98.2 mDKK in 2023, demonstrating a decline of -4.1 % compared to the previous year. The operating profit percentage was at 11.8 % (EBIT: 11.6 mDKK), while net earnings were 27.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.9 %, which can be considered excellent and Return on Equity (ROE) was 21 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.4 %, 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. SKAKO VIBRATION A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 91.73 | 74.56 | 89.32 | 102.43 | 98.21 |
Gross profit | 28.68 | 22.97 | 25.99 | 28.58 | 28.01 |
EBIT | 9.63 | 8.29 | 8.45 | 10.82 | 11.59 |
Net earnings | 13.22 | 6.21 | 8.44 | 15.28 | 27.23 |
Shareholders equity total | 86.10 | 91.72 | 100.34 | 116.09 | 143.47 |
Balance sheet total (assets) | 147.40 | 131.77 | 147.99 | 155.97 | 180.64 |
Net debt | 45.86 | 25.72 | 32.89 | 23.46 | 18.82 |
Profitability | |||||
EBIT-% | 10.5 % | 11.1 % | 9.5 % | 10.6 % | 11.8 % |
ROA | 13.1 % | 6.0 % | 9.2 % | 12.9 % | 18.9 % |
ROE | 16.7 % | 7.0 % | 8.8 % | 14.1 % | 21.0 % |
ROI | 14.8 % | 6.6 % | 10.2 % | 14.1 % | 20.7 % |
Economic value added (EVA) | 7.04 | 8.48 | 6.25 | 8.79 | 9.38 |
Solvency | |||||
Equity ratio | 58.4 % | 69.6 % | 67.8 % | 74.4 % | 79.4 % |
Gearing | 54.2 % | 28.0 % | 32.8 % | 20.2 % | 13.1 % |
Relative net indebtedness % | 65.1 % | 52.6 % | 52.9 % | 37.1 % | 36.3 % |
Liquidity | |||||
Quick ratio | 0.8 | 1.0 | 1.0 | 1.2 | 1.4 |
Current ratio | 1.0 | 1.2 | 1.2 | 1.5 | 1.7 |
Cash and cash equivalents | 0.78 | 0.00 | 0.00 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 29.1 | 34.9 | 40.9 | 24.9 | 31.4 |
Net working capital % | -0.0 % | 10.9 % | 9.7 % | 18.0 % | 26.0 % |
Credit risk | |||||
Credit rating | AAA | AA | AA | AAA | AAA |
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