SAMSTRØM A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SAMSTRØM A/S
SAMSTRØM A/S (CVR number: 36054697) is a company from IKAST-BRANDE. The company reported a net sales of 62.3 mDKK in 2023, demonstrating a decline of -52.9 % compared to the previous year. The operating profit percentage was at 0.9 % (EBIT: 0.6 mDKK), while net earnings were 400.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 29.7 %, 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. SAMSTRØM A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 31.28 | 23.63 | 67.08 | 132.17 | 62.31 |
Gross profit | 1.82 | 0.54 | 0.57 | 0.61 | 0.58 |
EBIT | 0.83 | 0.54 | 0.57 | 0.61 | 0.58 |
Net earnings | 0.59 | 0.38 | 0.37 | 0.42 | 0.40 |
Shareholders equity total | 11.38 | 11.76 | 12.13 | 12.54 | 11.61 |
Balance sheet total (assets) | 28.82 | 26.06 | 36.16 | 32.41 | 39.04 |
Net debt | -10.52 | -17.00 | 0.67 | 2.68 | 15.88 |
Profitability | |||||
EBIT-% | 2.6 % | 2.3 % | 0.9 % | 0.5 % | 0.9 % |
ROA | 2.6 % | 2.0 % | 1.8 % | 1.8 % | 1.6 % |
ROE | 5.3 % | 3.3 % | 3.1 % | 3.4 % | 3.3 % |
ROI | 6.3 % | 4.2 % | 3.6 % | 3.4 % | 2.5 % |
Economic value added (EVA) | 1.19 | 0.37 | 0.83 | 0.09 | 0.05 |
Solvency | |||||
Equity ratio | 39.5 % | 45.1 % | 33.5 % | 38.7 % | 29.7 % |
Gearing | 20.8 % | 42.4 % | 48.0 % | 136.8 % | |
Relative net indebtedness % | 22.1 % | -21.8 % | 29.2 % | 12.5 % | 44.0 % |
Liquidity | |||||
Quick ratio | 1.7 | 1.8 | 1.5 | 1.6 | 1.4 |
Current ratio | 1.7 | 1.8 | 1.5 | 1.6 | 1.4 |
Cash and cash equivalents | 10.52 | 19.45 | 4.48 | 3.34 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 79.4 | 27.4 | 73.0 | 36.6 | 95.2 |
Net working capital % | 36.4 % | 49.8 % | 18.1 % | 9.5 % | 18.6 % |
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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