Skibsted Foto IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Skibsted Foto IVS
Skibsted Foto IVS (CVR number: 38701444) is a company from HORSENS. The company reported a net sales of 0.1 mDKK in 2019, demonstrating a growth of 9 % compared to the previous year. The operating profit percentage was at 4.1 % (EBIT: 0 mDKK), while net earnings were 2.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.8 %, which can be considered excellent and Return on Equity (ROE) was 37.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Skibsted Foto IVS's liquidity measured by quick ratio was 1.7 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.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | |
---|---|---|---|
Volume | |||
Net sales | 21.35 | 58.36 | 63.63 |
Gross profit | 16.39 | 33.67 | 44.68 |
EBIT | 1.59 | -5.48 | 2.60 |
Net earnings | -0.21 | 4.59 | 2.60 |
Shareholders equity total | 0.99 | 5.58 | 8.18 |
Balance sheet total (assets) | 1.08 | 9.98 | 19.35 |
Net debt | -1.08 | -0.08 | -14.77 |
Profitability | |||
EBIT-% | 7.5 % | -9.4 % | 4.1 % |
ROA | 147.0 % | -99.1 % | 17.8 % |
ROE | -21.1 % | 139.7 % | 37.9 % |
ROI | 160.7 % | -110.2 % | 30.4 % |
Economic value added (EVA) | 1.59 | -5.48 | 2.73 |
Solvency | |||
Equity ratio | 91.5 % | 55.8 % | 42.3 % |
Gearing | 60.7 % | ||
Relative net indebtedness % | -4.6 % | 1.6 % | -5.7 % |
Liquidity | |||
Quick ratio | 11.8 | 2.3 | 1.7 |
Current ratio | 11.8 | 2.3 | 1.7 |
Cash and cash equivalents | 1.08 | 3.46 | 14.77 |
Capital use efficiency | |||
Trade debtors turnover (days) | 12.1 | ||
Net working capital % | 4.6 % | 9.6 % | 12.9 % |
Credit risk | |||
Credit rating | C | B | B |
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