KURT SKOV HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 19116204
Kirkegade 2, 6700 Esbjerg
tel: 79134677

Company information

Official name
KURT SKOV HOLDING A/S
Established
1996
Company form
Limited company
Industry

About KURT SKOV HOLDING A/S

KURT SKOV HOLDING A/S (CVR number: 19116204) is a company from ESBJERG. The company recorded a gross profit of -80 kDKK in 2023. The operating profit was -80 kDKK, while net earnings were 27.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good and Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KURT SKOV HOLDING A/S's liquidity measured by quick ratio was 59 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 176.00- 118.00-81.00-64.00-80.00
EBIT- 176.00- 118.00-81.00-64.00-80.00
Net earnings38 186.0036 107.0031 343.006 122.0027 180.00
Shareholders equity total117 674.00152 402.00188 087.00204 567.00224 820.00
Balance sheet total (assets)118 295.00152 969.00189 085.00205 146.00225 400.00
Net debt-27 129.00-25 149.00-32 527.00-29 857.00-33 361.00
Profitability
EBIT-%
ROA36.0 %27.4 %18.6 %7.5 %12.7 %
ROE35.7 %26.7 %18.4 %3.1 %12.7 %
ROI36.1 %27.4 %18.6 %7.5 %12.7 %
Economic value added (EVA)586.632 655.754 032.605 237.176 224.51
Solvency
Equity ratio99.5 %99.6 %99.5 %99.7 %99.7 %
Gearing0.5 %0.4 %0.3 %0.3 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio44.845.833.153.359.0
Current ratio44.845.833.153.359.0
Cash and cash equivalents27 667.0025 687.0033 065.0030 395.0033 921.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:12.7%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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