SKJERN HÅNDBOLD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SKJERN HÅNDBOLD A/S
SKJERN HÅNDBOLD A/S (CVR number: 21781541) is a company from RINGKØBING-SKJERN. The company reported a net sales of 25.3 mDKK in 2024, demonstrating a decline of -1.3 % compared to the previous year. The operating profit percentage was poor at -2.5 % (EBIT: -0.6 mDKK), while net earnings were 110.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 68 %, 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. SKJERN HÅNDBOLD A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 14 407.00 | 23 300.00 | 25 577.00 | 25 601.92 | 25 273.84 |
| Gross profit | 14 407.00 | 23 300.00 | 25 577.00 | 16 885.15 | 15 731.03 |
| EBIT | 46.00 | 82.00 | - 246.00 | -61.14 | - 641.74 |
| Net earnings | 38.00 | 115.00 | 49.00 | 103.90 | 110.31 |
| Shareholders equity total | 4 869.00 | 4 985.00 | 5 034.00 | 5 137.80 | 5 248.11 |
| Balance sheet total (assets) | 13 297.00 | 9 338.00 | 8 832.00 | 8 790.57 | 7 722.74 |
| Net debt | - 185.70 | - 768.64 | |||
| Profitability | |||||
| EBIT-% | 0.3 % | 0.4 % | -1.0 % | -0.2 % | -2.5 % |
| ROA | 0.4 % | 0.7 % | -2.7 % | 2.7 % | 2.3 % |
| ROE | 0.8 % | 2.3 % | 1.0 % | 2.0 % | 2.1 % |
| ROI | 0.5 % | 0.7 % | -2.7 % | 3.4 % | 3.6 % |
| Economic value added (EVA) | - 196.77 | - 162.67 | - 496.50 | - 296.37 | - 638.89 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 58.4 % | 68.0 % |
| Gearing | 0.1 % | 0.3 % | |||
| Relative net indebtedness % | 13.0 % | 6.3 % | |||
| Liquidity | |||||
| Quick ratio | 0.4 | 0.6 | |||
| Current ratio | 0.4 | 0.6 | |||
| Cash and cash equivalents | 190.15 | 785.21 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 7.5 | 4.3 | |||
| Net working capital % | -7.6 % | -4.0 % | |||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | A | A |
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