SKOVGAARD ØKOLOGI ApS — Credit Rating and Financial Key Figures

CVR number: 34734879
Novej 30, 6950 Ringkøbing

Credit rating

Company information

Official name
SKOVGAARD ØKOLOGI ApS
Established
2012
Company form
Private limited company
Industry

About SKOVGAARD ØKOLOGI ApS

SKOVGAARD ØKOLOGI ApS (CVR number: 34734879) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 511.8 kDKK in 2017. The operating profit was -6 kDKK, while net earnings were -73.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.9 %, 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. SKOVGAARD ØKOLOGI ApS'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
2016
2017
Volume
Net sales
Gross profit716.89511.82
EBIT206.52-6.04
Net earnings104.34-73.78
Shareholders equity total1 138.13964.35
Balance sheet total (assets)3 720.984 412.28
Net debt-1 043.04- 940.49
Profitability
EBIT-%
ROA6.1 %0.2 %
ROE9.2 %-7.0 %
ROI15.3 %0.5 %
Economic value added (EVA)161.60-8.06
Solvency
Equity ratio30.6 %21.9 %
Gearing2.6 %23.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.4
Current ratio1.51.3
Cash and cash equivalents1 072.251 163.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:0.20%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.9%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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