SKAGEN CEMENTSTØBERI A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SKAGEN CEMENTSTØBERI A/S
SKAGEN CEMENTSTØBERI A/S (CVR number: 83037814K) is a company from FREDERIKSHAVN. The company recorded a gross profit of 83.7 mDKK in 2023. The operating profit was 28 mDKK, while net earnings were 58.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good and Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SKAGEN CEMENTSTØBERI A/S's liquidity measured by quick ratio was 15.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 90 850.00 | 101 611.00 | 117 397.00 | 92 224.00 | 83 746.00 |
EBIT | 38 963.00 | 43 279.00 | 58 139.00 | 36 499.00 | 27 954.00 |
Net earnings | 45 137.00 | 85 638.00 | 51 530.00 | 71 286.00 | 58 456.00 |
Shareholders equity total | 281 987.00 | 367 751.00 | 419 282.00 | 490 568.00 | 549 024.00 |
Balance sheet total (assets) | 332 107.00 | 430 865.00 | 469 553.00 | 529 795.00 | 588 163.00 |
Net debt | - 293 634.00 | - 342 422.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 12.7 % | 11.3 % | 12.9 % | 18.2 % | 13.1 % |
ROE | 17.4 % | 26.4 % | 13.1 % | 15.7 % | 11.2 % |
ROI | 13.1 % | 11.3 % | 12.9 % | 18.7 % | 13.7 % |
Economic value added (EVA) | 34 331.76 | 29 109.15 | 39 659.51 | 7 514.08 | 12 350.08 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 92.6 % | 93.3 % |
Gearing | 0.9 % | 0.7 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 13.1 | 15.5 | |||
Current ratio | 13.7 | 16.1 | |||
Cash and cash equivalents | 297 825.00 | 346 159.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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