Credit rating
Company information
About SKANDING A/S
SKANDING A/S (CVR number: 36550651) is a company from KØBENHAVN. The company reported a net sales of 16 mDKK in 2022, demonstrating a decline of -4.2 % compared to the previous year. The operating profit percentage was at 13.3 % (EBIT: 2.1 mDKK), while net earnings were 1643.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.7 %, which can be considered excellent and Return on Equity (ROE) was 50.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.1 %, 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. SKANDING A/S's liquidity measured by quick ratio was 4.9 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 8 550.00 | 10 949.43 | 12 016.57 | 16 656.73 | 15 951.14 |
Gross profit | 4 023.61 | 4 567.01 | 4 612.90 | 5 655.50 | 6 522.15 |
EBIT | 421.76 | 543.74 | 1 152.68 | 1 379.63 | 2 127.24 |
Net earnings | 319.51 | 412.12 | 887.94 | 1 059.22 | 1 643.93 |
Shareholders equity total | 1 157.07 | 1 409.19 | 2 097.14 | 2 656.36 | 3 799.28 |
Balance sheet total (assets) | 2 990.56 | 4 434.23 | 7 199.35 | 8 093.37 | 10 607.81 |
Net debt | - 609.01 | -2 134.87 | -3 021.73 | - 532.74 | -4 243.45 |
Profitability | |||||
EBIT-% | 4.9 % | 5.0 % | 9.6 % | 8.3 % | 13.3 % |
ROA | 13.3 % | 14.6 % | 19.8 % | 18.0 % | 22.7 % |
ROE | 28.7 % | 32.1 % | 50.6 % | 44.6 % | 50.9 % |
ROI | 28.5 % | 27.1 % | 41.0 % | 38.0 % | 43.2 % |
Economic value added (EVA) | 355.10 | 392.00 | 934.94 | 1 120.00 | 1 552.27 |
Solvency | |||||
Equity ratio | 39.2 % | 34.0 % | 35.6 % | 45.2 % | 48.1 % |
Gearing | |||||
Relative net indebtedness % | 9.8 % | 0.9 % | 8.6 % | 20.6 % | 4.0 % |
Liquidity | |||||
Quick ratio | 2.1 | 2.7 | 2.6 | 4.6 | 4.9 |
Current ratio | 2.1 | 2.3 | 1.8 | 2.0 | 2.2 |
Cash and cash equivalents | 609.01 | 2 134.87 | 3 021.73 | 532.74 | 4 243.45 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 19.0 | 23.1 | 68.0 | 94.8 | 111.0 |
Net working capital % | 17.9 % | 22.5 % | 26.0 % | 24.7 % | 35.9 % |
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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