SCANMETALS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SCANMETALS A/S
SCANMETALS A/S (CVR number: 26801958K) is a company from SLAGELSE. The company reported a net sales of 1094.3 mDKK in 2023, demonstrating a decline of -5.8 % compared to the previous year. The operating profit percentage was at 3.4 % (EBIT: 37.3 mDKK), while net earnings were 6618 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 26.1 %, 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. SCANMETALS A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 349.98 | 469.43 | 902.48 | 1 161.71 | 1 094.27 |
Gross profit | 102.31 | 133.03 | 220.06 | 217.94 | 195.14 |
EBIT | 56.33 | 53.91 | 94.73 | 77.29 | 37.33 |
Net earnings | 41.08 | 29.67 | 54.76 | 45.16 | 6.62 |
Shareholders equity total | 96.11 | 104.79 | 161.20 | 194.01 | 195.93 |
Balance sheet total (assets) | 301.61 | 635.12 | 695.05 | 709.94 | 750.22 |
Net debt | 284.48 | 249.51 | |||
Profitability | |||||
EBIT-% | 16.1 % | 11.5 % | 10.5 % | 6.7 % | 3.4 % |
ROA | 24.8 % | 11.5 % | 14.2 % | 11.1 % | 5.9 % |
ROE | 54.9 % | 29.5 % | 41.2 % | 27.0 % | 3.9 % |
ROI | 26.5 % | 11.5 % | 14.2 % | 12.1 % | 7.5 % |
Economic value added (EVA) | 52.41 | 49.08 | 89.47 | 43.93 | 8.21 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 27.3 % | 26.1 % |
Gearing | 177.1 % | 157.9 % | |||
Relative net indebtedness % | 38.4 % | 44.4 % | |||
Liquidity | |||||
Quick ratio | 0.8 | 0.7 | |||
Current ratio | 1.2 | 1.1 | |||
Cash and cash equivalents | 59.16 | 59.83 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 35.3 | 30.5 | |||
Net working capital % | 3.3 % | 1.8 % | |||
Credit risk | |||||
Credit rating | BBB | A | BBB | AAA | AA |
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