SKOVSØ BILER ApS — Credit Rating and Financial Key Figures

SKOVSØ BILER ApS (CVR number: 31475619) is a company from KALUNDBORG. The company recorded a gross profit of 462.5 kDKK in 2023. The operating profit was 245.8 kDKK, while net earnings were 186.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good and Return on Equity (ROE) was 13 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 78.8 %, 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. SKOVSØ BILER ApS's liquidity measured by quick ratio was 2.7 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.