Skov Tømrer & Snedkermester ApS — Credit Rating and Financial Key Figures

Skov Tømrer & Snedkermester ApS (CVR number: 43513044) is a company from IKAST-BRANDE. The company recorded a gross profit of 1153.8 kDKK in 2023. The operating profit was 93.2 kDKK, while net earnings were 61.8 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 60.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Skov Tømrer & Snedkermester ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.