Skovgaard Landbrug ApS — Credit Rating and Financial Key Figures

CVR number: 42560057
Kirkebyvej 1, Hove 7620 Lemvig
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Company information

Official name
Skovgaard Landbrug ApS
Established
2021
Domicile
Hove
Company form
Private limited company
Industry

About Skovgaard Landbrug ApS

Skovgaard Landbrug ApS (CVR number: 42560057) is a company from LEMVIG. The company recorded a gross profit of 29.4 mDKK in 2024. The operating profit was 26.6 mDKK, while net earnings were 5232.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 17.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Skovgaard Landbrug ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit2 242.61840.9511 858.4829 418.88
EBIT988.34- 688.869 833.6826 600.59
Net earnings182.27-1 256.68743.255 232.61
Shareholders equity total28 007.7426 751.0627 494.3132 726.92
Balance sheet total (assets)93 401.44120 052.12457 487.89544 417.85
Net debt65 181.8192 906.11425 104.80504 277.93
Profitability
EBIT-%
ROA1.1 %-0.5 %3.4 %5.9 %
ROE0.7 %-4.6 %2.7 %17.4 %
ROI1.1 %-0.5 %3.4 %5.9 %
Economic value added (EVA)701.72-5 232.531 653.53-1 565.12
Solvency
Equity ratio30.0 %22.3 %6.0 %6.0 %
Gearing232.7 %347.3 %1551.0 %1548.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.10.30.2
Current ratio0.50.30.30.2
Cash and cash equivalents1 344.602 571.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAA

Variable visualization

ROA:5.87%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.01%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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