SELSKABET AF 1. AUGUST 1931 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SELSKABET AF 1. AUGUST 1931 A/S
SELSKABET AF 1. AUGUST 1931 A/S (CVR number: 33479514K) is a company from GLOSTRUP. The company reported a net sales of 586.2 mDKK in 2023, demonstrating a decline of -7.5 % compared to the previous year. The operating profit percentage was poor at -1 % (EBIT: -5.6 mDKK), while net earnings were -10.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -13.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.9 %, 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. SELSKABET AF 1. AUGUST 1931 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 financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 534.40 | 633.63 | 586.21 |
Gross profit | 254.01 | 272.23 | 246.73 |
EBIT | 22.49 | 6.02 | -5.60 |
Net earnings | 22.35 | 4.62 | -10.89 |
Shareholders equity total | 85.13 | 89.33 | 78.01 |
Balance sheet total (assets) | 322.93 | 376.35 | 377.08 |
Net debt | 72.93 | 112.68 | 136.13 |
Profitability | |||
EBIT-% | 4.2 % | 0.9 % | -1.0 % |
ROA | 9.9 % | 4.3 % | 0.1 % |
ROE | 25.6 % | 5.3 % | -13.5 % |
ROI | 16.1 % | 6.9 % | 0.2 % |
Economic value added (EVA) | 16.78 | 1.59 | -10.41 |
Solvency | |||
Equity ratio | 26.6 % | 24.2 % | 20.9 % |
Gearing | 91.5 % | 136.5 % | 180.3 % |
Relative net indebtedness % | 41.6 % | 41.3 % | 47.4 % |
Liquidity | |||
Quick ratio | 0.7 | 0.7 | 0.7 |
Current ratio | 0.8 | 0.9 | 0.8 |
Cash and cash equivalents | 5.00 | 9.30 | 4.50 |
Capital use efficiency | |||
Trade debtors turnover (days) | 76.6 | 61.7 | 63.0 |
Net working capital % | -6.3 % | -4.3 % | -6.4 % |
Credit risk | |||
Credit rating | AAA | AAA | AA |
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