SCANDINAVIAN BRAKE SYSTEMS A/S
Credit rating
Company information
70Activities of head offices; management consultancy activities
About the company
SCANDINAVIAN BRAKE SYSTEMS A/S (CVR number: 32774210K) is a company from KØBENHAVN. The company recorded a gross profit of -4800 kDKK in 2023, demonstrating a decline of -92 % compared to the previous year. The operating profit was -8900 kDKK, while net earnings were -25.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was -78.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.7 %, 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. SCANDINAVIAN BRAKE SYSTEMS A/S's liquidity measured by quick ratio was 1.8 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 531 100.00 | 7 900.00 | 5 700.00 | ||
| Gross profit | 42 900.00 | -7 300.00 | - 400.00 | -2 500.00 | -4 800.00 |
| EBIT | 13 000.00 | -26 700.00 | -20 400.00 | -13 200.00 | -8 900.00 |
| Net earnings | 4 700.00 | -12 300.00 | 215 000.00 | -13 700.00 | -25 900.00 |
| Shareholders equity total | - 145 200.00 | - 155 400.00 | 59 600.00 | 45 900.00 | 20 000.00 |
| Balance sheet total (assets) | 530 200.00 | 490 900.00 | 238 000.00 | 229 300.00 | 44 700.00 |
| Net debt | 50 100.00 | 420 900.00 | 163 800.00 | 178 600.00 | -19 600.00 |
| Profitability | |||||
| EBIT-% | 2.4 % | -258.2 % | -231.6 % | ||
| ROA | 2.1 % | -4.0 % | -4.6 % | -5.6 % | 6.6 % |
| ROE | 0.9 % | -2.4 % | 78.1 % | -26.0 % | -78.6 % |
| ROI | 2.9 % | -4.7 % | -4.7 % | -5.8 % | -19.3 % |
| Economic value added (EVA) | 20 194.56 | -16 779.29 | -22 753.42 | -24 721.37 | -11 206.47 |
| Solvency | |||||
| Equity ratio | -21.3 % | -24.0 % | 25.0 % | 20.0 % | 44.7 % |
| Gearing | -34.6 % | -270.9 % | 274.8 % | 389.1 % | 121.5 % |
| Relative net indebtedness % | 128.2 % | 2258.2 % | 3217.5 % | ||
| Liquidity | |||||
| Quick ratio | 0.5 | 0.0 | 23.8 | 1.2 | 1.8 |
| Current ratio | 1.5 | 0.0 | 23.8 | 1.2 | 1.8 |
| Cash and cash equivalents | 200.00 | 100.00 | 43 900.00 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 10 571.1 | 14 510.4 | |||
| Net working capital % | 19.8 % | 2883.5 % | 803.5 % | ||
| Credit risk | |||||
| Credit rating | BBB | BB | B | B | B |
Variable visualization
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions
... and more!
No registration needed.