SCAN-SHIPPING HOLDING A/S — Credit Rating and Financial Key Figures
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 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 750.05 | 1 128.91 | 1 341.21 | 695.75 | 840.83 |
Gross profit | 71.93 | 107.91 | 113.84 | 94.34 | 94.08 |
EBIT | -7.08 | 27.75 | 24.57 | -5.85 | -18.93 |
Net earnings | -9.36 | 17.77 | 11.75 | -15.12 | -16.43 |
Shareholders equity total | 12.57 | 30.77 | 129.80 | 116.29 | 89.95 |
Balance sheet total (assets) | 222.24 | 348.67 | 283.68 | 220.31 | 266.32 |
Net debt | 39.07 | 85.37 | -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) | -13.07 | 11.97 | 8.07 | -16.02 | -23.64 |
Solvency | |||||
Equity ratio | 5.7 % | 8.8 % | 45.8 % | 52.8 % | 33.8 % |
Gearing | 746.3 % | 506.1 % | 32.3 % | 21.4 % | 40.0 % |
Relative net indebtedness % | 20.7 % | 21.9 % | 3.3 % | 0.7 % | 11.8 % |
Liquidity | |||||
Quick ratio | 1.0 | 1.1 | 1.8 | 2.1 | 1.5 |
Current ratio | 1.0 | 1.1 | 1.8 | 2.1 | 1.5 |
Cash and cash equivalents | 54.74 | 70.37 | 109.04 | 98.84 | 77.34 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 65.5 | 74.1 | 37.0 | 44.1 | 59.4 |
Net working capital % | 1.2 % | 2.4 % | 9.2 % | 16.0 % | 9.2 % |
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
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