MASKINFABRIKKEN SKN A/S — Credit Rating and Financial Key Figures

CVR number: 20175605
Hollufgårdsvej 31, Højby 5260 Odense S
tel: 65982914
www.skn-as.dk

Credit rating

Company information

Official name
MASKINFABRIKKEN SKN A/S
Personnel
2 persons
Established
1997
Domicile
Højby
Company form
Limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About MASKINFABRIKKEN SKN A/S

MASKINFABRIKKEN SKN A/S (CVR number: 20175605) is a company from ODENSE. The company recorded a gross profit of 9433.9 kDKK in 2023. The operating profit was 359 kDKK, while net earnings were -117.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.8 %, which can be considered good but Return on Equity (ROE) was -21.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.3 %, 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. MASKINFABRIKKEN SKN A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 689.356 076.925 415.299 433.87
EBIT649.12-24.06-1 566.97359.04
Net earnings409.84-68.61-1 262.85- 117.17
Shareholders equity total2 275.752 207.14944.29554.11
Balance sheet total (assets)6 883.796 773.715 411.642 483.47
Net debt1 233.94-2 084.582 395.64-21.15
Profitability
EBIT-%
ROA11.8 %-0.2 %-25.5 %14.8 %
ROE19.8 %-3.1 %-80.1 %-21.1 %
ROI19.8 %-0.4 %-48.5 %36.1 %
Economic value added (EVA)399.08- 139.83-1 201.78-46.85254.92
Solvency
Equity ratio33.1 %32.6 %17.4 %22.3 %
Gearing54.5 %15.9 %255.0 %83.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.41.21.4
Current ratio1.61.41.21.5
Cash and cash equivalents6.182 435.7612.03484.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:14.8%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.3%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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