Skovgaard Maskinservice A/S — Credit Rating and Financial Key Figures

CVR number: 38824465
Sandholtvej 17, Kærby 5400 Bogense

Company information

Official name
Skovgaard Maskinservice A/S
Personnel
7 persons
Established
2017
Domicile
Kærby
Company form
Limited company
Industry

About Skovgaard Maskinservice A/S

Skovgaard Maskinservice A/S (CVR number: 38824465) is a company from NORDFYNS. The company recorded a gross profit of 2579.8 kDKK in 2023. The operating profit was 138.1 kDKK, while net earnings were 87.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent and Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 49.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Skovgaard Maskinservice A/S's liquidity measured by quick ratio was 1.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 050.211 955.342 907.572 957.742 579.79
EBIT852.09813.52691.01442.11138.11
Net earnings614.32599.98515.64317.0687.80
Shareholders equity total774.061 374.041 589.681 906.741 994.53
Balance sheet total (assets)2 421.253 044.213 685.513 699.684 026.61
Net debt1 083.37616.48702.63757.28850.66
Profitability
EBIT-%
ROA37.4 %30.1 %20.7 %12.6 %4.1 %
ROE131.6 %55.9 %34.8 %18.1 %4.5 %
ROI48.7 %41.3 %30.9 %17.9 %5.6 %
Economic value added (EVA)592.38546.18440.45231.35-13.25
Solvency
Equity ratio32.0 %45.1 %43.1 %51.5 %49.5 %
Gearing140.0 %50.2 %49.0 %43.7 %42.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.90.91.31.1
Current ratio1.01.21.21.61.6
Cash and cash equivalents73.2376.2276.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:4.06%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.5%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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