SCAN-SHIPPING HOLDING A/S
Credit rating
Company information
About SCAN-SHIPPING HOLDING A/S
SCAN-SHIPPING HOLDING A/S (CVR number: 32444199K) is a company from KØBENHAVN. The company reported a net sales of 695.7 mDKK in 2023, demonstrating a decline of -48.1 % compared to the previous year. The operating profit percentage was poor at -0.8 % (EBIT: -5.9 mDKK), while net earnings were -15.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -12.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.8 %, 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. SCAN-SHIPPING HOLDING A/S's liquidity measured by quick ratio was 2.1 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 819.02 | 750.05 | 1 128.91 | 1 341.21 | 695.75 |
Gross profit | 63.36 | 71.93 | 107.91 | 113.84 | 80.48 |
EBIT | -18.49 | -7.08 | 27.75 | 24.57 | -5.85 |
Net earnings | -15.13 | -9.36 | 17.77 | 11.75 | -15.12 |
Shareholders equity total | 3.71 | 12.57 | 30.77 | 129.80 | 116.29 |
Balance sheet total (assets) | 218.95 | 222.24 | 348.67 | 283.68 | 220.31 |
Net debt | 50.76 | 39.07 | 85.37 | -67.14 | -74.00 |
Profitability | |||||
EBIT-% | -2.3 % | -0.9 % | 2.5 % | 1.8 % | -0.8 % |
ROA | -6.0 % | -2.4 % | 10.8 % | 8.7 % | 0.5 % |
ROE | -117.2 % | -115.0 % | 82.0 % | 14.6 % | -12.3 % |
ROI | -13.2 % | -4.8 % | 21.1 % | 15.3 % | -4.7 % |
Economic value added (EVA) | -14.92 | -4.99 | 19.36 | 19.38 | -8.63 |
Solvency | |||||
Equity ratio | 1.7 % | 5.7 % | 8.8 % | 45.8 % | 52.8 % |
Gearing | 2849.7 % | 746.3 % | 506.1 % | 32.3 % | 21.4 % |
Relative net indebtedness % | 19.6 % | 20.7 % | 21.9 % | 3.3 % | 0.7 % |
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 1.1 | 1.8 | 2.1 |
Current ratio | 1.0 | 1.0 | 1.1 | 1.8 | 2.1 |
Cash and cash equivalents | 54.97 | 54.74 | 70.37 | 109.04 | 98.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 56.6 | 65.5 | 74.1 | 37.0 | 44.1 |
Net working capital % | -0.0 % | 1.2 % | 2.4 % | 9.2 % | 16.0 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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