KURT SKOV HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 38 186.00 | 36 107.00 | 31 343.00 | 6 122.00 | 27 180.00 |
Shareholders equity total | 117 674.00 | 152 402.00 | 188 087.00 | 204 567.00 | 224 820.00 |
Balance sheet total (assets) | 118 295.00 | 152 969.00 | 189 085.00 | 205 146.00 | 225 400.00 |
Net debt | -27 129.00 | -25 149.00 | -32 527.00 | -29 857.00 | -33 361.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 36.0 % | 27.4 % | 18.6 % | 7.5 % | 12.7 % |
ROE | 35.7 % | 26.7 % | 18.4 % | 3.1 % | 12.7 % |
ROI | 36.1 % | 27.4 % | 18.6 % | 7.5 % | 12.7 % |
Economic value added (EVA) | 586.63 | 2 655.75 | 4 032.60 | 5 237.17 | 6 224.51 |
Solvency | |||||
Equity ratio | 99.5 % | 99.6 % | 99.5 % | 99.7 % | 99.7 % |
Gearing | 0.5 % | 0.4 % | 0.3 % | 0.3 % | 0.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 44.8 | 45.8 | 33.1 | 53.3 | 59.0 |
Current ratio | 44.8 | 45.8 | 33.1 | 53.3 | 59.0 |
Cash and cash equivalents | 27 667.00 | 25 687.00 | 33 065.00 | 30 395.00 | 33 921.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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