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

CVR number: 19783405
Strandvænget 13 A, Husodde 8700 Horsens
skovbitt@skovbitt.dk
tel: 21259531
Free credit report Annual report

Company information

Official name
SKOVBITT HOLDING A/S
Personnel
2 persons
Established
1996
Domicile
Husodde
Company form
Limited company
Industry

About SKOVBITT HOLDING A/S

SKOVBITT HOLDING A/S (CVR number: 19783405) is a company from HORSENS. The company recorded a gross profit of -433.5 kDKK in 2024. The operating profit was -938.8 kDKK, while net earnings were 3244.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent and Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 87.8 %, 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 7.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit564.00760.02- 588.73- 573.11- 433.46
EBIT- 248.00- 163.24-1 418.23-1 221.26- 938.77
Net earnings7 532.0011 211.60116 025.314 986.353 244.18
Shareholders equity total73 481.0076 518.32127 378.50128 044.8523 530.41
Balance sheet total (assets)88 948.0095 473.30128 690.76128 561.7126 796.99
Net debt-15 489.00-10 881.40- 117 247.76- 102 459.69-14 211.21
Profitability
EBIT-%
ROA9.9 %13.1 %109.7 %3.9 %6.2 %
ROE10.4 %14.9 %113.8 %3.9 %4.3 %
ROI10.0 %13.3 %110.2 %3.9 %6.2 %
Economic value added (EVA)560.05680.19- 767.72-1 458.72-1 803.69
Solvency
Equity ratio82.6 %80.1 %99.0 %99.6 %87.8 %
Gearing20.0 %23.5 %0.9 %0.3 %10.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.31.894.8241.37.2
Current ratio2.31.894.8241.37.2
Cash and cash equivalents30 220.0028 863.46118 442.90102 888.8116 781.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:6.20%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.8%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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