S & T SYSTEM A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About S & T SYSTEM A/S
S & T SYSTEM A/S (CVR number: 24257177) is a company from FREDERIKSHAVN. The company recorded a gross profit of -12.3 kDKK in 2023. The operating profit was -12.3 kDKK, while net earnings were 2181.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.3 %, which can be considered excellent and Return on Equity (ROE) was 48.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. S & T SYSTEM A/S's liquidity measured by quick ratio was 2.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -15.35 | -21.63 | -19.69 | -16.66 | -12.28 |
| EBIT | -15.35 | -21.63 | -19.69 | -16.66 | -12.28 |
| Net earnings | 1 118.73 | 1 298.87 | -2 688.47 | 61.63 | 2 181.25 |
| Shareholders equity total | 5 050.06 | 6 238.33 | 3 436.86 | 3 384.09 | 5 565.34 |
| Balance sheet total (assets) | 5 097.90 | 6 260.09 | 3 463.62 | 3 421.10 | 5 611.81 |
| Net debt | - 140.73 | - 152.24 | - 171.18 | -5.19 | -0.16 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 24.5 % | 22.9 % | -55.3 % | 3.3 % | 48.3 % |
| ROE | 24.6 % | 23.0 % | -55.6 % | 1.8 % | 48.7 % |
| ROI | 24.7 % | 23.1 % | -55.6 % | 3.3 % | 48.7 % |
| Economic value added (EVA) | 113.96 | 170.33 | 243.93 | 119.38 | 125.12 |
| Solvency | |||||
| Equity ratio | 99.1 % | 99.7 % | 99.2 % | 98.9 % | 99.2 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 11.2 | 18.3 | 10.5 | 3.0 | 2.4 |
| Current ratio | 11.2 | 18.3 | 10.5 | 3.0 | 2.4 |
| Cash and cash equivalents | 140.73 | 152.24 | 171.18 | 5.19 | 0.16 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | BBB | BBB | A |
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