SKOVSEN DEVELOPMENT ApS — Credit Rating and Financial Key Figures

CVR number: 31885035
Fynslundvej 116, 6064 Jordrup
bent@skovsen2.dk
tel: 75556200

Credit rating

Company information

Official name
SKOVSEN DEVELOPMENT ApS
Personnel
2 persons
Established
2008
Company form
Private limited company
Industry

About SKOVSEN DEVELOPMENT ApS

SKOVSEN DEVELOPMENT ApS (CVR number: 31885035) is a company from KOLDING. The company recorded a gross profit of -83.9 kDKK in 2024. The operating profit was -355.1 kDKK, while net earnings were 643.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good and Return on Equity (ROE) was 10.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 91.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SKOVSEN DEVELOPMENT ApS's liquidity measured by quick ratio was 11.5 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 profit1 330.901 078.03490.18-55.57-83.85
EBIT696.13332.16- 206.51- 379.65- 355.13
Net earnings592.16899.58-1 579.96202.69643.53
Shareholders equity total6 925.177 714.756 024.796 117.486 641.01
Balance sheet total (assets)7 831.928 400.486 690.376 768.397 267.49
Net debt-6 856.66-7 567.56-6 384.89-6 538.25-7 222.17
Profitability
EBIT-%
ROA11.7 %14.5 %1.1 %3.3 %9.7 %
ROE8.9 %12.3 %-23.0 %3.3 %10.1 %
ROI13.2 %16.0 %1.2 %3.7 %10.6 %
Economic value added (EVA)217.48-89.41- 594.18- 682.50- 662.43
Solvency
Equity ratio88.4 %91.8 %90.1 %90.4 %91.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio8.912.310.110.411.5
Current ratio8.912.310.110.411.5
Cash and cash equivalents6 856.667 567.566 384.896 538.257 222.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:9.67%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.4%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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