Skovs Markservice ApS — Credit Rating and Financial Key Figures

Skovs Markservice ApS (CVR number: 38417983) is a company from HJØRRING. The company recorded a gross profit of 605.2 kDKK in 2023. The operating profit was 279.1 kDKK, while net earnings were 199.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good but Return on Equity (ROE) was 23.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.6 %, 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. Skovs Markservice ApS'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.