SKOVBITT HOLDING A/S — Credit Rating and Financial Key Figures

SKOVBITT HOLDING A/S (CVR number: 19783405) is a company from HORSENS. The company recorded a gross profit of -570.4 kDKK in 2023. The operating profit was -1221.3 kDKK, while net earnings were 4986.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak and Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SKOVBITT HOLDING A/S's liquidity measured by quick ratio was 191.8 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.