SYSTEM & METODE A/S — Credit Rating and Financial Key Figures

CVR number: 15965398
Håndværkersvinget 8, 2970 Hørsholm
mho@system-metode.dk
tel: 70203010
www.system-metode.dk

Company information

Official name
SYSTEM & METODE A/S
Personnel
13 persons
Established
1992
Company form
Limited company
Industry

About SYSTEM & METODE A/S

SYSTEM & METODE A/S (CVR number: 15965398) is a company from HØRSHOLM. The company recorded a gross profit of 17.2 mDKK in 2023. The operating profit was 3591.2 kDKK, while net earnings were 2661.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.9 %, which can be considered excellent and Return on Equity (ROE) was 37.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.4 %, 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. SYSTEM & METODE A/S's liquidity measured by quick ratio was 1.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit17 427.7719 165.7620 006.4517 630.1017 227.27
EBIT3 321.154 817.895 811.143 124.603 591.20
Net earnings2 510.243 742.034 598.442 131.002 661.48
Shareholders equity total7 052.328 294.359 192.796 823.797 385.28
Balance sheet total (assets)16 587.9417 757.4514 928.6611 850.6614 959.51
Net debt-3 210.13-3 689.44-4 091.28-2 537.19-3 228.32
Profitability
EBIT-%
ROA21.5 %28.2 %35.8 %23.5 %26.9 %
ROE35.9 %48.8 %52.6 %26.6 %37.5 %
ROI33.3 %44.4 %56.0 %35.6 %40.6 %
Economic value added (EVA)2 545.553 883.384 726.282 147.722 751.07
Solvency
Equity ratio42.6 %46.7 %61.6 %57.6 %49.4 %
Gearing29.9 %23.0 %1.3 %2.0 %28.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.21.61.11.1
Current ratio1.21.21.61.11.1
Cash and cash equivalents5 321.245 596.004 209.562 670.655 300.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:26.9%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.4%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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