JØRGEN SKOV ApS. RIBE — Credit Rating and Financial Key Figures

CVR number: 89206928
Skibbroen 21, 6760 Ribe
jskribe@mail.dk
tel: 21482996

Credit rating

Company information

Official name
JØRGEN SKOV ApS. RIBE
Established
1980
Company form
Private limited company
Industry

About JØRGEN SKOV ApS. RIBE

JØRGEN SKOV ApS. RIBE (CVR number: 89206928) is a company from ESBJERG. The company recorded a gross profit of 296.1 kDKK in 2023. The operating profit was 203.4 kDKK, while net earnings were 153.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18 %, which can be considered excellent and Return on Equity (ROE) was 18.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.4 %, 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. JØRGEN SKOV ApS. RIBE's liquidity measured by quick ratio was 4.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit175.64228.01287.64241.57296.12
EBIT92.32121.60197.23125.32203.36
Net earnings66.9487.78144.0691.00153.45
Shareholders equity total873.83761.61805.68796.67850.12
Balance sheet total (assets)1 099.68991.191 077.231 084.031 190.53
Net debt- 767.77- 605.50- 684.11- 643.98- 747.63
Profitability
EBIT-%
ROA8.0 %11.6 %19.1 %11.6 %18.0 %
ROE7.1 %10.7 %18.4 %11.4 %18.6 %
ROI8.7 %12.7 %21.0 %12.7 %19.6 %
Economic value added (EVA)70.1395.50152.4499.88160.32
Solvency
Equity ratio79.5 %76.8 %74.8 %73.5 %71.4 %
Gearing14.1 %16.8 %19.1 %23.5 %27.5 %
Relative net indebtedness %
Liquidity
Quick ratio5.44.94.84.34.1
Current ratio5.44.94.84.34.2
Cash and cash equivalents890.97733.51837.70830.81981.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:18.0%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.4%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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