SAABYE TRANSPORT ApS. — Credit Rating and Financial Key Figures
Credit rating
Company information
About SAABYE TRANSPORT ApS.
SAABYE TRANSPORT ApS. (CVR number: 40141936) is a company from GLADSAXE. The company reported a net sales of 6.1 mDKK in 2023, demonstrating a growth of 60 % compared to the previous year. The operating profit percentage was at 23.5 % (EBIT: 1.4 mDKK), while net earnings were 181.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 97.6 %, which can be considered excellent and Return on Equity (ROE) was 15.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -15.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SAABYE TRANSPORT ApS.'s liquidity measured by quick ratio was 0.8 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 327.63 | 3 134.68 | 3 134.68 | 3 799.25 | 6 080.26 |
Gross profit | 135.48 | 642.27 | 1 485.95 | 2 317.68 | 2 541.33 |
EBIT | - 266.11 | -37.35 | -40.41 | 1 237.15 | 1 430.67 |
Net earnings | - 266.11 | -40.41 | -40.41 | - 106.36 | 181.31 |
Shareholders equity total | - 226.01 | - 266.42 | - 266.42 | - 399.83 | - 238.52 |
Balance sheet total (assets) | 318.69 | 640.07 | 640.07 | 975.26 | 1 318.93 |
Net debt | 280.84 | 106.11 | 106.11 | 229.46 | - 347.33 |
Profitability | |||||
EBIT-% | -81.2 % | -1.2 % | -1.3 % | 32.6 % | 23.5 % |
ROA | -48.9 % | -5.1 % | -4.5 % | 108.4 % | 97.6 % |
ROE | -83.5 % | -8.4 % | -6.3 % | -13.2 % | 15.8 % |
ROI | -62.0 % | -7.0 % | -6.4 % | 167.4 % | 179.9 % |
Economic value added (EVA) | - 266.11 | -18.55 | -0.44 | 1 277.12 | 1 481.57 |
Solvency | |||||
Equity ratio | -41.5 % | -29.4 % | -29.4 % | -29.1 % | -15.3 % |
Gearing | -189.8 % | -238.4 % | -238.4 % | -210.7 % | -313.7 % |
Relative net indebtedness % | 121.1 % | 12.0 % | 12.0 % | 20.1 % | 7.6 % |
Liquidity | |||||
Quick ratio | 0.4 | 0.6 | 0.6 | 0.5 | 0.8 |
Current ratio | 0.4 | 0.6 | 0.6 | 0.5 | 0.8 |
Cash and cash equivalents | 148.08 | 528.92 | 528.92 | 613.17 | 1 095.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -102.8 % | -11.4 % | -11.4 % | -16.7 % | -6.2 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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