Signode Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 12070942
Fynsgade 6-10, 6400 Sønderborg
bs@lachenmeier.com
tel: 73422210

Credit rating

Company information

Official name
Signode Denmark ApS
Personnel
127 persons
Established
1988
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About Signode Denmark ApS

Signode Denmark ApS (CVR number: 12070942) is a company from SØNDERBORG. The company reported a net sales of 330.5 mDKK in 2023, demonstrating a decline of -1.1 % compared to the previous year. The operating profit percentage was at 12.4 % (EBIT: 40.9 mDKK), while net earnings were 14.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent and Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 52.4 %, 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. Signode Denmark ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales334 313.00330 511.00
Gross profit66 825.00121 546.00106 737.00107 536.00116 126.00
EBIT25 213.0036 020.0031 624.0028 482.0040 918.00
Net earnings19 856.0013 554.00-31 471.004 567.0014 789.00
Shareholders equity total45 559.0078 510.00344 487.00349 054.00363 843.00
Balance sheet total (assets)91 703.00418 027.00680 026.00748 878.00711 015.00
Net debt2 002.00150 689.00269 851.00249 799.00265 352.00
Profitability
EBIT-%8.5 %12.4 %
ROA27.4 %15.8 %-1.0 %4.0 %5.7 %
ROE43.2 %21.8 %-14.9 %1.3 %4.1 %
ROI52.6 %19.7 %-1.2 %4.4 %6.2 %
Economic value added (EVA)17 295.5325 526.3728 702.1132 738.0846 786.84
Solvency
Equity ratio52.3 %19.1 %51.7 %48.1 %52.4 %
Gearing4.4 %351.0 %80.1 %95.3 %79.2 %
Relative net indebtedness %94.5 %97.9 %
Liquidity
Quick ratio1.70.90.20.40.3
Current ratio1.81.00.30.40.4
Cash and cash equivalents7.00124 874.006 168.0082 746.0022 834.00
Capital use efficiency
Trade debtors turnover (days)56.659.5
Net working capital %-69.0 %-64.9 %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:5.68%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.4%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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