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: 20898909) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 24 mDKK in 2023. The operating profit was 1319 kDKK, while net earnings were -315 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.6 %, 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. SKI GROUP A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 26 753.00 | 2 343.00 | 26 351.00 | 26 394.00 | 23 979.00 |
EBIT | 3 332.00 | -10 704.00 | 7 589.00 | 5 561.00 | 1 319.00 |
Net earnings | 12 748.00 | -28 642.00 | 19 971.00 | 11 244.00 | - 315.00 |
Shareholders equity total | 27 656.00 | - 189.00 | 18 939.00 | 22 442.00 | 15 823.00 |
Balance sheet total (assets) | 48 212.00 | 54 331.00 | 61 896.00 | 64 706.00 | 42 081.00 |
Net debt | 6 505.00 | 14 013.00 | 11 035.00 | 12 145.00 | 4 384.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 32.6 % | -58.9 % | 37.5 % | 21.5 % | 1.6 % |
ROE | 59.3 % | -69.9 % | 54.5 % | 54.3 % | -1.6 % |
ROI | 37.5 % | -64.7 % | 39.7 % | 22.7 % | 1.7 % |
Economic value added (EVA) | 2 857.59 | -8 827.29 | 6 666.42 | 4 825.34 | 1 942.28 |
Solvency | |||||
Equity ratio | 57.4 % | -0.3 % | 30.6 % | 34.7 % | 37.6 % |
Gearing | 40.2 % | -22313.2 % | 208.2 % | 173.4 % | 146.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.7 | 1.7 | 1.3 | 1.5 |
Current ratio | 1.4 | 1.7 | 1.7 | 1.3 | 1.5 |
Cash and cash equivalents | 4 607.00 | 28 159.00 | 28 388.00 | 26 774.00 | 18 811.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BB | A | A | A |
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