SAMSONITE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SAMSONITE A/S
SAMSONITE A/S (CVR number: 15291133) is a company from KØBENHAVN. The company reported a net sales of 40.5 mDKK in 2023, demonstrating a growth of 12.9 % compared to the previous year. The operating profit percentage was at 5.2 % (EBIT: 2.1 mDKK), while net earnings were 1578.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.6 %, which can be considered excellent and Return on Equity (ROE) was 28.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.6 %, 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. SAMSONITE A/S's liquidity measured by quick ratio was 1.6 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 46.78 | 11.92 | 18.32 | 35.90 | 40.55 |
Gross profit | 17.51 | 8.42 | 4.12 | 9.04 | 9.86 |
EBIT | 1.47 | 0.12 | 0.41 | 1.51 | 2.10 |
Net earnings | 1.10 | -0.14 | 0.25 | 1.30 | 1.58 |
Shareholders equity total | 4.08 | 3.94 | 4.19 | 5.49 | 5.57 |
Balance sheet total (assets) | 13.21 | 7.52 | 8.11 | 12.73 | 12.48 |
Net debt | -0.65 | -4.64 | -5.39 | -5.63 | -6.68 |
Profitability | |||||
EBIT-% | 3.1 % | 1.0 % | 2.3 % | 4.2 % | 5.2 % |
ROA | 9.7 % | 1.2 % | 6.3 % | 14.7 % | 16.6 % |
ROE | 31.3 % | -3.6 % | 6.1 % | 26.9 % | 28.5 % |
ROI | 12.8 % | 1.7 % | 11.3 % | 25.4 % | 29.3 % |
Economic value added (EVA) | 1.39 | 0.22 | 0.37 | 1.26 | 1.73 |
Solvency | |||||
Equity ratio | 30.9 % | 52.3 % | 51.6 % | 43.1 % | 44.6 % |
Gearing | 150.9 % | 7.6 % | 9.4 % | 36.6 % | 22.5 % |
Relative net indebtedness % | 5.0 % | -11.4 % | -10.1 % | -1.1 % | -2.5 % |
Liquidity | |||||
Quick ratio | 1.2 | 1.6 | 1.8 | 1.6 | 1.6 |
Current ratio | 1.3 | 1.7 | 1.9 | 1.7 | 1.7 |
Cash and cash equivalents | 6.81 | 4.94 | 5.78 | 7.63 | 7.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 22.8 | 10.3 | 18.7 | 40.2 | 25.7 |
Net working capital % | 5.7 % | 22.3 % | 18.9 % | 13.8 % | 12.8 % |
Credit risk | |||||
Credit rating | A | BBB | BBB | A | A |
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