Scandinavian Investment Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Scandinavian Investment Group A/S
Scandinavian Investment Group A/S (CVR number: 34411913) is a company from HERLEV. The company recorded a gross profit of -1300 kDKK in 2019, demonstrating a decline of 0 % compared to the previous year. The operating profit was -2500 kDKK, while net earnings were 27 mDKK. The profitability of the company measured by Return on Assets (ROA) was -1.5 %, which can be considered poor but Return on Equity (ROE) was 30.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 87.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Scandinavian Investment Group A/S's liquidity measured by quick ratio was 7.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | |
---|---|---|---|
Volume | |||
Net sales | 313 300.00 | 334 200.00 | |
Gross profit | 23 100.00 | 29 600.00 | -1 300.00 |
EBIT | 800.00 | 7 200.00 | -2 500.00 |
Net earnings | 16 500.00 | 16 300.00 | 27 000.00 |
Shareholders equity total | 58 800.00 | 77 200.00 | 102 400.00 |
Balance sheet total (assets) | 173 900.00 | 185 300.00 | 117 200.00 |
Net debt | 87 600.00 | 90 800.00 | -12 700.00 |
Profitability | |||
EBIT-% | 0.3 % | 2.2 % | |
ROA | 16.5 % | 8.6 % | -1.5 % |
ROE | 28.1 % | 24.0 % | 30.1 % |
ROI | 18.5 % | 9.6 % | -1.6 % |
Economic value added (EVA) | 908.20 | 6 477.15 | -6 324.02 |
Solvency | |||
Equity ratio | 33.8 % | 41.7 % | 87.4 % |
Gearing | 163.3 % | 117.6 % | |
Relative net indebtedness % | 34.1 % | 32.3 % | |
Liquidity | |||
Quick ratio | 0.9 | 1.0 | 7.9 |
Current ratio | 1.5 | 1.6 | 7.9 |
Cash and cash equivalents | 8 400.00 | 12 700.00 | |
Capital use efficiency | |||
Trade debtors turnover (days) | 10.4 | 16.5 | |
Net working capital % | 17.7 % | 21.0 % | |
Credit risk | |||
Credit rating | AA | AAA | BB |
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