SKOVBO MADSEN IVS — Credit Rating and Financial Key Figures

SKOVBO MADSEN IVS (CVR number: 36547367) is a company from IKAST-BRANDE. The company recorded a gross profit of 23.6 kDKK in 2020. The operating profit was 12.5 kDKK, while net earnings were 8.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 60.3 %, which can be considered excellent and Return on Equity (ROE) was 74.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.7 %, 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. SKOVBO MADSEN IVS's liquidity measured by quick ratio was 2.3 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.