SKOVGAARD TØMRER & SNEDKER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SKOVGAARD TØMRER & SNEDKER ApS
SKOVGAARD TØMRER & SNEDKER ApS (CVR number: 33767773) is a company from SVENDBORG. The company recorded a gross profit of 1027.4 kDKK in 2023. The operating profit was -128.7 kDKK, while net earnings were -101 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.1 %, which can be considered poor and Return on Equity (ROE) was -34.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SKOVGAARD TØMRER & SNEDKER ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 175.13 | 1 206.57 | 1 403.83 | 1 183.05 | 1 027.39 |
| EBIT | 172.30 | 101.48 | 300.13 | 49.92 | - 128.72 |
| Net earnings | 132.01 | 76.62 | 230.77 | 35.77 | - 101.04 |
| Shareholders equity total | 296.91 | 273.53 | 404.30 | 340.07 | 239.04 |
| Balance sheet total (assets) | 788.44 | 980.37 | 889.37 | 778.58 | 631.28 |
| Net debt | - 536.97 | - 523.85 | - 425.07 | - 151.22 | -16.67 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 22.7 % | 11.5 % | 32.1 % | 6.0 % | -18.1 % |
| ROE | 39.9 % | 26.9 % | 68.1 % | 9.6 % | -34.9 % |
| ROI | 41.2 % | 26.7 % | 70.3 % | 9.7 % | -27.3 % |
| Economic value added (EVA) | 121.45 | 95.46 | 249.21 | 44.68 | - 101.46 |
| Solvency | |||||
| Equity ratio | 37.7 % | 27.9 % | 45.5 % | 43.7 % | 37.9 % |
| Gearing | 29.1 % | 20.4 % | 23.5 % | 49.4 % | 75.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.6 | 1.4 | 1.9 | 1.5 | 1.3 |
| Current ratio | 1.6 | 1.4 | 1.9 | 1.5 | 1.3 |
| Cash and cash equivalents | 623.30 | 579.57 | 520.18 | 319.20 | 195.96 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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