Skovgaard Energy A/S — Credit Rating and Financial Key Figures

CVR number: 24205371
Havnen 66, 7620 Lemvig
mec@skovgaardenergy.dk
tel: 96635151
www.skovgaardenergy.dk

Company information

Official name
Skovgaard Energy A/S
Personnel
27 persons
Established
1999
Company form
Limited company
Industry

About Skovgaard Energy A/S

Skovgaard Energy A/S (CVR number: 24205371K) is a company from LEMVIG. The company reported a net sales of 135.1 mDKK in 2024, demonstrating a growth of 13.2 % compared to the previous year. The operating profit percentage was at 39.1 % (EBIT: 52.8 mDKK), while net earnings were 22.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent but Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 25.9 %, 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 Energy A/S's liquidity measured by quick ratio was 0.2 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2022
2023
2024
Volume
Net sales355.82119.38135.10
Gross profit417.55788.14123.80
EBIT331.14718.7952.82
Net earnings411.50648.6422.30
Shareholders equity total763.22283.12306.45
Balance sheet total (assets)1 404.751 834.541 181.48
Net debt351.251 077.31665.02
Profitability
EBIT-%93.1 %602.1 %39.1 %
ROA35.0 %52.6 %6.2 %
ROE57.7 %136.4 %9.3 %
ROI38.7 %60.3 %7.0 %
Economic value added (EVA)278.23471.87-40.87
Solvency
Equity ratio54.3 %15.4 %25.9 %
Gearing47.8 %422.9 %225.8 %
Relative net indebtedness %151.2 %1132.7 %565.6 %
Liquidity
Quick ratio1.00.30.2
Current ratio1.00.30.2
Cash and cash equivalents13.92120.1026.92
Capital use efficiency
Trade debtors turnover (days)35.555.358.0
Net working capital %3.3 %-768.5 %-426.6 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.17%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.9%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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