SKIVE ERHVERV K/S — Credit Rating and Financial Key Figures

CVR number: 25887751
Johan Langes Vej 7, 8000 Aarhus C

Credit rating

Company information

Official name
SKIVE ERHVERV K/S
Established
2000
Company form
Limited partnership
Industry

About SKIVE ERHVERV K/S

SKIVE ERHVERV K/S (CVR number: 25887751) is a company from AARHUS. The company recorded a gross profit of -39.9 kDKK in 2024. The operating profit was -6039.9 kDKK, while net earnings were -6069.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.5 %, which can be considered poor and Return on Equity (ROE) was -29.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 85.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SKIVE ERHVERV K/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 425.332 249.032 709.571 325.23-39.91
EBIT2 425.332 249.032 709.571 325.23-6 039.90
Net earnings2 251.772 117.562 604.601 273.18-6 069.62
Shareholders equity total19 636.5220 254.0822 358.6823 381.8617 312.23
Balance sheet total (assets)28 055.8826 822.1827 801.9627 247.1520 157.04
Net debt4 016.723 505.851 234.2927.78- 197.32
Profitability
EBIT-%
ROA8.9 %8.2 %9.9 %4.9 %-25.5 %
ROE12.2 %10.6 %12.2 %5.6 %-29.8 %
ROI9.0 %8.4 %10.1 %5.0 %-27.5 %
Economic value added (EVA)1 183.95957.141 449.9323.74-7 328.27
Solvency
Equity ratio70.0 %75.5 %80.4 %85.8 %85.9 %
Gearing30.9 %23.8 %15.8 %9.7 %5.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.11.70.80.4
Current ratio1.61.11.70.80.4
Cash and cash equivalents2 055.881 307.622 307.402 229.381 157.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-25.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.9%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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