SCAN-SHIPPING HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 32444199
Snorresgade 18, 2300 København S

Credit rating

Company information

Official name
SCAN-SHIPPING HOLDING A/S
Personnel
10 persons
Established
2009
Company form
Limited company
Industry

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 840.8 mDKK in 2024, demonstrating a growth of 20.9 % compared to the previous year. The operating profit percentage was poor at -2.3 % (EBIT: -18.9 mDKK), while net earnings were -16.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -6.3 %, which can be considered poor and Return on Equity (ROE) was -15.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.8 %, 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. SCAN-SHIPPING HOLDING A/S's liquidity measured by quick ratio was 1.5 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales750.051 128.911 341.21695.75840.83
Gross profit71.93107.91113.8494.3494.08
EBIT-7.0827.7524.57-5.85-18.93
Net earnings-9.3617.7711.75-15.12-16.43
Shareholders equity total12.5730.77129.80116.2989.95
Balance sheet total (assets)222.24348.67283.68220.31266.32
Net debt39.0785.37-67.14-74.00-41.34
Profitability
EBIT-%-0.9 %2.5 %1.8 %-0.8 %-2.3 %
ROA-2.4 %10.8 %8.7 %0.5 %-6.3 %
ROE-115.0 %82.0 %14.6 %-12.3 %-15.9 %
ROI-4.8 %21.1 %15.3 %-4.7 %-11.5 %
Economic value added (EVA)-13.0711.978.07-16.02-23.64
Solvency
Equity ratio5.7 %8.8 %45.8 %52.8 %33.8 %
Gearing746.3 %506.1 %32.3 %21.4 %40.0 %
Relative net indebtedness %20.7 %21.9 %3.3 %0.7 %11.8 %
Liquidity
Quick ratio1.01.11.82.11.5
Current ratio1.01.11.82.11.5
Cash and cash equivalents54.7470.37109.0498.8477.34
Capital use efficiency
Trade debtors turnover (days)65.574.137.044.159.4
Net working capital %1.2 %2.4 %9.2 %16.0 %9.2 %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:-6.33%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.8%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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