E. SKIVESEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About E. SKIVESEN A/S
E. SKIVESEN A/S (CVR number: 70061716) is a company from SYDDJURS. The company recorded a gross profit of 113.5 kDKK in 2023. The operating profit was -185.6 kDKK, while net earnings were -88.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was -2.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. E. SKIVESEN A/S's liquidity measured by quick ratio was 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 157.61 | 163.02 | 146.23 | 119.50 | 113.50 |
EBIT | 9.05 | -42.35 | -59.15 | - 182.51 | - 185.57 |
Net earnings | 141.36 | 178.10 | 189.88 | - 222.98 | -88.85 |
Shareholders equity total | 2 922.79 | 3 045.58 | 4 383.11 | 4 102.92 | 3 955.18 |
Balance sheet total (assets) | 3 935.21 | 4 109.80 | 5 657.26 | 5 175.15 | 5 033.61 |
Net debt | - 227.06 | - 605.42 | - 798.48 | - 591.13 | - 612.19 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.6 % | 7.8 % | 5.7 % | 1.2 % | 1.2 % |
ROE | 4.9 % | 6.0 % | 5.1 % | -5.3 % | -2.2 % |
ROI | 5.7 % | 8.1 % | 5.9 % | 1.2 % | 1.2 % |
Economic value added (EVA) | - 129.47 | - 164.81 | - 165.70 | - 320.88 | - 320.82 |
Solvency | |||||
Equity ratio | 74.3 % | 74.1 % | 77.5 % | 79.3 % | 78.6 % |
Gearing | 31.1 % | 27.2 % | 17.2 % | 16.6 % | 18.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.3 | 5.2 | 6.2 | 8.2 | 5.0 |
Current ratio | 6.3 | 5.2 | 6.2 | 8.2 | 5.0 |
Cash and cash equivalents | 1 135.96 | 1 432.37 | 1 551.10 | 1 272.78 | 1 337.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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