SKIVE MASKINSTATION A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SKIVE MASKINSTATION A/S
SKIVE MASKINSTATION A/S (CVR number: 17875272) is a company from SKIVE. The company recorded a gross profit of 615.2 kDKK in 2022. The operating profit was -283.6 kDKK, while net earnings were -284.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.4 %, 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 63.2 %, 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. SKIVE MASKINSTATION A/S's liquidity measured by quick ratio was 2.5 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 067.57 | 869.62 | 789.94 | 860.98 | 615.15 |
EBIT | 163.36 | -30.61 | - 112.54 | -30.51 | - 283.63 |
Net earnings | 127.88 | -29.53 | - 115.12 | -44.28 | - 284.56 |
Shareholders equity total | 1 340.58 | 1 257.05 | 1 086.63 | 985.85 | 644.09 |
Balance sheet total (assets) | 2 701.57 | 1 990.43 | 1 652.73 | 1 408.96 | 1 019.62 |
Net debt | - 694.37 | -1 004.20 | -1 073.29 | - 516.92 | - 533.07 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.2 % | -1.3 % | -6.2 % | -2.0 % | -23.4 % |
ROE | 9.8 % | -2.3 % | -9.8 % | -4.3 % | -34.9 % |
ROI | 6.8 % | -1.5 % | -7.8 % | -2.5 % | -29.1 % |
Economic value added (EVA) | 145.00 | 0.57 | - 102.03 | -25.02 | - 298.00 |
Solvency | |||||
Equity ratio | 49.6 % | 63.2 % | 65.7 % | 70.0 % | 63.2 % |
Gearing | 83.9 % | 29.3 % | 15.3 % | 16.5 % | 23.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 2.6 | 2.7 | 3.2 | 2.5 |
Current ratio | 1.9 | 2.7 | 2.8 | 3.3 | 2.7 |
Cash and cash equivalents | 1 818.71 | 1 372.98 | 1 239.55 | 679.38 | 683.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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