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SKANDINAVISK MOTOR CO. A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SKANDINAVISK MOTOR CO. A/S
SKANDINAVISK MOTOR CO. A/S (CVR number: 70515113) is a company from BRØNDBY. The company reported a net sales of 24819.8 mDKK in 2025, demonstrating a growth of 39.6 % compared to the previous year. The operating profit percentage was at 6.9 % (EBIT: 1712.3 mDKK), while net earnings were 1317.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 69.1 %, which can be considered excellent and Return on Equity (ROE) was 101.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.8 %, 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. SKANDINAVISK MOTOR CO. A/S's liquidity measured by quick ratio was 2.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 11 382.10 | 11 288.58 | 14 918.52 | 17 775.09 | 24 819.79 |
| Gross profit | 11 382.10 | 1 003.83 | 1 286.98 | 1 343.52 | 1 979.97 |
| EBIT | 722.70 | 730.89 | 987.16 | 1 058.43 | 1 712.29 |
| Net earnings | 583.80 | 582.99 | 754.43 | 810.48 | 1 317.12 |
| Shareholders equity total | 816.70 | 815.69 | 985.12 | 1 040.60 | 1 547.72 |
| Balance sheet total (assets) | 1 796.10 | 2 200.96 | 2 402.07 | 2 209.42 | 2 931.13 |
| Net debt | 29.44 | 102.15 | 31.28 | 48.88 | |
| Profitability | |||||
| EBIT-% | 6.3 % | 6.5 % | 6.6 % | 6.0 % | 6.9 % |
| ROA | 40.8 % | 38.4 % | 45.5 % | 47.8 % | 69.1 % |
| ROE | 81.1 % | 71.4 % | 83.8 % | 80.0 % | 101.8 % |
| ROI | 40.8 % | 56.5 % | 102.1 % | 97.6 % | 119.8 % |
| Economic value added (EVA) | 691.40 | 526.69 | 722.63 | 767.98 | 1 275.65 |
| Solvency | |||||
| Equity ratio | 100.0 % | 37.1 % | 41.0 % | 47.1 % | 52.8 % |
| Gearing | 3.6 % | 10.4 % | 3.0 % | 3.2 % | |
| Relative net indebtedness % | 11.6 % | 9.2 % | 6.3 % | 4.6 % | |
| Liquidity | |||||
| Quick ratio | 1.6 | 1.7 | 1.9 | 2.5 | |
| Current ratio | 1.6 | 1.7 | 2.0 | 2.6 | |
| Cash and cash equivalents | |||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 8.9 | 7.2 | 2.3 | 2.9 | |
| Net working capital % | 7.3 % | 6.7 % | 6.0 % | 7.1 % | |
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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