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 42.6 mDKK in 2024, demonstrating a growth of 5 % compared to the previous year. The operating profit percentage was at 0.9 % (EBIT: 0.4 mDKK), while net earnings were 1585.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was 35.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.1 %, 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. SAMSONITE A/S's liquidity measured by quick ratio was 1.2 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 11.92 | 18.32 | 35.90 | 40.55 | 42.58 |
Gross profit | 8.42 | 4.12 | 9.04 | 9.86 | 9.97 |
EBIT | 0.12 | 0.41 | 1.51 | 0.50 | 0.38 |
Net earnings | -0.14 | 0.25 | 1.30 | 1.58 | 1.59 |
Shareholders equity total | 3.94 | 4.19 | 5.49 | 5.57 | 3.35 |
Balance sheet total (assets) | 7.52 | 8.11 | 12.73 | 12.48 | 11.91 |
Net debt | -4.64 | -5.39 | -5.63 | -6.68 | -2.77 |
Profitability | |||||
EBIT-% | 1.0 % | 2.3 % | 4.2 % | 1.2 % | 0.9 % |
ROA | 1.2 % | 6.3 % | 14.7 % | 4.0 % | 3.1 % |
ROE | -3.6 % | 6.1 % | 26.9 % | 28.5 % | 35.6 % |
ROI | 1.7 % | 11.3 % | 25.4 % | 7.0 % | 5.9 % |
Economic value added (EVA) | -0.43 | 0.11 | 0.95 | 0.01 | -0.05 |
Solvency | |||||
Equity ratio | 52.3 % | 51.6 % | 43.1 % | 44.6 % | 28.1 % |
Gearing | 7.6 % | 9.4 % | 36.6 % | 22.5 % | 74.3 % |
Relative net indebtedness % | -11.4 % | -10.1 % | -1.1 % | -2.5 % | 7.7 % |
Liquidity | |||||
Quick ratio | 1.6 | 1.8 | 1.6 | 1.1 | 1.2 |
Current ratio | 1.7 | 1.9 | 1.7 | 1.1 | 1.3 |
Cash and cash equivalents | 4.94 | 5.78 | 7.63 | 7.94 | 5.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 10.3 | 18.7 | 40.2 | 38.3 | |
Net working capital % | 22.3 % | 18.9 % | 13.8 % | 2.5 % | 5.7 % |
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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