SCANMETALS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SCANMETALS A/S
SCANMETALS A/S (CVR number: 26801958) is a company from SLAGELSE. The company reported a net sales of 515.5 mDKK in 2023, demonstrating a decline of -12 % compared to the previous year. The operating profit percentage was at 1 % (EBIT: 5.2 mDKK), while net earnings were -5342 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was -3.1 %, which can be considered poor. 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 0.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 585 915.00 | 515 484.00 | |
Gross profit | 113 300.00 | 78 776.00 | |
EBIT | 50 886.00 | 5 188.00 | |
Net earnings | 37 275.00 | -5 342.00 | |
Shareholders equity total | 173 438.00 | 168 592.00 | |
Balance sheet total (assets) | 590 860.00 | 645 593.00 | |
Net debt | 321 938.00 | 307 469.00 | |
Profitability | |||
EBIT-% | 8.7 % | 1.0 % | |
ROA | 9.6 % | 2.3 % | |
ROE | 21.5 % | -3.1 % | |
ROI | 10.3 % | 2.6 % | |
Economic value added (EVA) | -3 893.67 | 39 396.95 | - 350.33 |
Solvency | |||
Equity ratio | 29.4 % | 26.1 % | |
Gearing | 189.7 % | 186.6 % | |
Relative net indebtedness % | 68.8 % | 90.4 % | |
Liquidity | |||
Quick ratio | 0.5 | 0.5 | |
Current ratio | 0.7 | 0.9 | |
Cash and cash equivalents | 6 995.00 | 7 151.00 | |
Capital use efficiency | |||
Trade debtors turnover (days) | 21.1 | 19.8 | |
Net working capital % | -6.2 % | -4.8 % | |
Credit risk | |||
Credit rating | AA | A |
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