SKIVE FRAGT A/S — Credit Rating and Financial Key Figures

CVR number: 27928188
Engvej 8, 7800 Skive
tel: 96160600

Credit rating

Company information

Official name
SKIVE FRAGT A/S
Personnel
50 persons
Established
2004
Company form
Limited company
Industry

About SKIVE FRAGT A/S

SKIVE FRAGT A/S (CVR number: 27928188) is a company from SKIVE. The company recorded a gross profit of 25.7 mDKK in 2024. The operating profit was -202.8 kDKK, while net earnings were -693 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -10 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.1 %, 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. SKIVE FRAGT A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit25 174.8824 897.7626 116.2324 572.1425 652.90
EBIT2 587.411 049.891 270.67-1 057.60- 202.80
Net earnings1 879.471 165.401 997.02-1 293.81- 693.03
Shareholders equity total7 507.817 573.219 570.227 276.416 583.38
Balance sheet total (assets)29 153.4627 730.1129 024.8127 174.1524 287.24
Net debt5 755.304 970.448 845.639 058.423 635.96
Profitability
EBIT-%
ROA9.2 %5.8 %9.1 %-1.3 %-0.4 %
ROE28.6 %15.5 %23.3 %-15.4 %-10.0 %
ROI13.2 %9.0 %12.9 %-1.6 %-0.6 %
Economic value added (EVA)920.06- 102.00286.59-2 060.32-1 228.62
Solvency
Equity ratio25.8 %27.3 %33.0 %26.8 %27.1 %
Gearing76.7 %65.6 %92.4 %124.5 %93.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.50.40.8
Current ratio0.40.40.50.40.8
Cash and cash equivalents0.851.091.091.292 535.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-0.45%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.1%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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