SKI GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SKI GROUP A/S
SKI GROUP A/S (CVR number: 20898909K) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 58.5 mDKK in 2024. The operating profit was 853 kDKK, while net earnings were -471 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak but Return on Equity (ROE) was -3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SKI GROUP A/S's liquidity measured by quick ratio was 1.7 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -5 705.00 | 73 861.00 | 67 346.00 | 56 566.00 | 58 498.00 |
| EBIT | -40 950.00 | 25 393.00 | 13 251.00 | 553.00 | 853.00 |
| Net earnings | -34 355.00 | 19 971.00 | 11 244.00 | - 315.00 | - 471.00 |
| Shareholders equity total | -5 902.00 | 13 225.00 | 22 442.00 | 15 823.00 | 15 381.00 |
| Balance sheet total (assets) | 87 158.00 | 88 161.00 | 72 843.00 | 57 616.00 | 46 251.00 |
| Net debt | 7 332.00 | 4 302.00 | -4 429.00 | -5 759.00 | -1 748.00 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -53.8 % | 28.8 % | 18.8 % | 1.4 % | 2.7 % |
| ROE | -59.8 % | 39.8 % | 63.0 % | -1.6 % | -3.0 % |
| ROI | -98.9 % | 48.1 % | 28.4 % | 2.1 % | 4.6 % |
| Economic value added (EVA) | -35 394.19 | 17 607.32 | 7 425.66 | -2 118.76 | -1 256.33 |
| Solvency | |||||
| Equity ratio | -8.1 % | 17.3 % | 32.9 % | 30.8 % | 40.5 % |
| Gearing | -785.5 % | 311.1 % | 112.7 % | 118.9 % | 41.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.6 | 3.3 | 2.5 | 2.3 | 1.7 |
| Current ratio | 1.6 | 2.2 | 2.1 | 1.8 | 1.3 |
| Cash and cash equivalents | 39 028.00 | 36 846.00 | 29 719.00 | 24 566.00 | 8 142.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | A | A | BBB | BBB |
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