SCANDIC FOOD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SCANDIC FOOD A/S
SCANDIC FOOD A/S (CVR number: 11574033) is a company from VEJLE. The company reported a net sales of 1050.9 mDKK in 2024, demonstrating a growth of 12.6 % compared to the previous year. The operating profit percentage was poor at -0.9 % (EBIT: -9.7 mDKK), while net earnings were -8250 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.1 %, which can be considered poor and Return on Equity (ROE) was -6.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.7 %, 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. SCANDIC FOOD A/S's liquidity measured by quick ratio was 0.7 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 643.81 | 641.88 | 812.98 | 933.45 | 1 050.86 |
Gross profit | 130.95 | 132.53 | 106.10 | 142.48 | 133.73 |
EBIT | 11.99 | 10.12 | -22.79 | 4.13 | -9.70 |
Net earnings | 10.82 | 12.33 | -13.88 | 0.31 | -8.25 |
Shareholders equity total | 135.44 | 147.74 | 133.86 | 137.07 | 124.79 |
Balance sheet total (assets) | 292.03 | 290.57 | 290.41 | 345.59 | 362.07 |
Net debt | 55.87 | 110.76 | |||
Profitability | |||||
EBIT-% | 1.9 % | 1.6 % | -2.8 % | 0.4 % | -0.9 % |
ROA | 4.4 % | 3.5 % | -7.8 % | 1.6 % | -2.1 % |
ROE | 8.3 % | 8.7 % | -9.9 % | 0.2 % | -6.3 % |
ROI | 4.4 % | 3.5 % | -7.8 % | 2.0 % | -3.2 % |
Economic value added (EVA) | 5.72 | 3.32 | -30.22 | -2.59 | -18.94 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 39.8 % | 34.7 % |
Gearing | 62.1 % | 93.1 % | |||
Relative net indebtedness % | 18.7 % | 21.9 % | |||
Liquidity | |||||
Quick ratio | 0.8 | 0.7 | |||
Current ratio | 1.2 | 1.1 | |||
Cash and cash equivalents | 29.20 | 5.37 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 40.9 | 39.0 | |||
Net working capital % | 4.9 % | 1.8 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | A |
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