Credit rating
Company information
About SCHJERNING FARVER A/S
SCHJERNING FARVER A/S (CVR number: 10911087) is a company from SYDDJURS. The company recorded a gross profit of 5486.2 kDKK in 2023. The operating profit was -892.2 kDKK, while net earnings were -836.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.8 %, which can be considered poor and Return on Equity (ROE) was -32.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25 %, 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. SCHJERNING FARVER 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 115.88 | 7 030.12 | 14 703.57 | 2 329.68 | 5 486.21 |
EBIT | -2 026.91 | 637.08 | 768.15 | -5 808.95 | - 892.23 |
Net earnings | -2 078.77 | 759.03 | 424.83 | -4 701.63 | - 836.07 |
Shareholders equity total | 1 881.52 | 2 640.55 | 3 065.38 | 596.04 | 4 605.37 |
Balance sheet total (assets) | 9 198.63 | 14 142.02 | 13 094.25 | 12 389.35 | 18 415.34 |
Net debt | 5 166.85 | 5 663.85 | 5 670.60 | 8 142.63 | 9 014.58 |
Profitability | |||||
EBIT-% | |||||
ROA | -20.1 % | 5.5 % | 6.0 % | -45.6 % | -5.8 % |
ROE | -71.2 % | 33.6 % | 14.9 % | -256.8 % | -32.1 % |
ROI | -26.4 % | 7.3 % | 7.8 % | -58.6 % | -7.5 % |
Economic value added (EVA) | -2 129.35 | 359.08 | 516.17 | -4 629.32 | - 719.91 |
Solvency | |||||
Equity ratio | 20.5 % | 18.7 % | 23.4 % | 4.8 % | 25.0 % |
Gearing | 276.0 % | 252.2 % | 225.0 % | 1405.1 % | 224.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.8 | 1.0 | 0.6 | 1.4 |
Current ratio | 1.9 | 1.4 | 2.1 | 1.4 | 2.8 |
Cash and cash equivalents | 25.82 | 995.67 | 1 226.96 | 232.28 | 1 310.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | B | BB |
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