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Analyst: XBRLDenmark
 
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  1.3% 4.7% 1.9% 0.8% 0.8%  
Credit score (0-100)  81 45 68 91 90  
Credit rating  A BBB A AA AA  
Credit limit (kDKK)  42.8 0.0 0.9 522.3 642.1  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  5,713 7,005 9,526 11,704 12,855  
EBITDA  1,159 -101 722 1,750 2,602  
EBIT  984 -453 290 1,222 2,079  
Pre-tax profit (PTP)  1,049.2 -396.6 296.0 1,238.2 2,163.3  
Net earnings  833.3 -423.7 318.1 972.4 1,689.1  
Pre-tax profit without non-rec. items  1,049 -397 296 1,238 2,163  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  75.5 330 368 386 420  
Shareholders equity total  2,267 2,128 2,446 3,419 4,108  
Interest-bearing liabilities  141 432 38.2 264 540  
Balance sheet total (assets)  4,576 7,271 6,514 6,391 8,224  

Net Debt  139 145 5.7 249 527  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  5,713 7,005 9,526 11,704 12,855  
Gross profit growth  29.1% 22.6% 36.0% 22.9% 9.8%  
Employees  12 18 24 26 25  
Employee growth %  9.1% 50.0% 33.3% 8.3% -3.8%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  4,576 7,271 6,514 6,391 8,224  
Balance sheet change%  29.1% 58.9% -10.4% -1.9% 28.7%  
Added value  1,159.1 -101.2 721.6 1,653.3 2,601.8  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  -261 1,701 -707 -824 -799  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  4.0 -1.0 1.0 2.0 3.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  17.2% -6.5% 3.0% 10.4% 16.2%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  26.6% -5.6% 6.0% 20.7% 31.7%  
ROI %  48.1% -12.5% 14.9% 39.6% 51.5%  
ROE %  45.0% -19.3% 13.9% 33.2% 44.9%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  49.5% 29.3% 37.6% 53.5% 50.0%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  12.0% -143.2% 0.8% 14.2% 20.3%  
Gearing %  6.2% 20.3% 1.6% 7.7% 13.2%  
Net interest  0 0 0 0 0  
Financing costs %  8.3% 23.3% 49.8% 65.8% 37.3%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  1.8 0.9 1.0 1.5 1.6  
Current Ratio  2.0 1.0 1.2 1.8 1.8  
Cash and cash equivalent  2.3 287.4 32.6 15.1 12.9  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  2,136.7 108.0 704.5 2,077.2 3,001.3  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  97 -6 30 64 104  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  97 -6 30 67 104  
EBIT / employee  82 -25 12 47 83  
Net earnings / employee  69 -24 13 37 68