SKAGERAK HOLDING A/S — Credit Rating and Financial Key Figures

SKAGERAK HOLDING A/S (CVR number: 33394527) is a company from HJØRRING. The company reported a net sales of 2.2 mDKK in 2018, demonstrating a decline of -26.2 % compared to the previous year. The operating profit percentage was poor at -870.9 % (EBIT: -19.2 mDKK), while net earnings were -30.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -6.2 %, which can be considered poor and Return on Equity (ROE) was -6.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SKAGERAK HOLDING A/S's liquidity measured by quick ratio was 91.7 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.