SKARE PROJEKTUDVIKLING A/S — Credit Rating and Financial Key Figures

CVR number: 10471184
Nordager 2, 6000 Kolding

Company information

Official name
SKARE PROJEKTUDVIKLING A/S
Personnel
25 persons
Established
1986
Company form
Limited company
Industry

About SKARE PROJEKTUDVIKLING A/S

SKARE PROJEKTUDVIKLING A/S (CVR number: 10471184) is a company from KOLDING. The company recorded a gross profit of 531 kDKK in 2023. The operating profit was 16 kDKK, while net earnings were 378 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 67 %, 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. SKARE PROJEKTUDVIKLING A/S's liquidity measured by quick ratio was 6.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit15 548.0017 254.0010 293.001 228.00531.00
EBIT2 987.00824.002 283.00639.0016.00
Net earnings2 344.001 015.00900.00350.00378.00
Shareholders equity total70 059.0071 074.0071 974.0072 324.0072 702.00
Balance sheet total (assets)106 129.00116 809.00111 539.00109 376.00108 758.00
Net debt15 397.0027 077.0027 026.0022 535.0023 943.00
Profitability
EBIT-%
ROA3.5 %1.7 %2.6 %1.1 %1.2 %
ROE3.4 %1.4 %1.3 %0.5 %0.5 %
ROI3.9 %1.8 %2.7 %1.1 %1.2 %
Economic value added (EVA)-1 615.97-3 417.48-2 832.65-4 161.80-4 421.28
Solvency
Equity ratio66.1 %61.0 %64.7 %66.2 %67.0 %
Gearing33.3 %49.6 %47.5 %46.9 %45.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.62.75.16.1
Current ratio3.84.77.17.59.1
Cash and cash equivalents7 911.008 161.007 172.0011 398.009 224.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:1.19%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.0%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

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