SECURITAS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SECURITAS A/S
SECURITAS A/S (CVR number: 88663217) is a company from GLOSTRUP. The company reported a net sales of 749.6 mDKK in 2023, demonstrating a decline of -5.2 % compared to the previous year. The operating profit percentage was at 2.8 % (EBIT: 21.3 mDKK), while net earnings were -4568.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -3.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.8 %, 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. SECURITAS 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 663.72 | 717.77 | 860.06 | 791.15 | 749.62 |
Gross profit | 104.62 | 116.04 | 170.16 | 121.02 | 112.39 |
EBIT | 27.68 | 30.96 | 52.55 | 24.89 | 21.32 |
Net earnings | 19.78 | 22.79 | 39.79 | 17.26 | -4.57 |
Shareholders equity total | 101.30 | 124.09 | 133.88 | 151.13 | 126.56 |
Balance sheet total (assets) | 262.95 | 315.49 | 382.48 | 572.55 | 511.26 |
Net debt | 42.32 | 4.57 | 40.07 | 250.87 | 260.22 |
Profitability | |||||
EBIT-% | 4.2 % | 4.3 % | 6.1 % | 3.1 % | 2.8 % |
ROA | 11.3 % | 10.8 % | 15.4 % | 6.0 % | 1.6 % |
ROE | 20.8 % | 20.2 % | 30.8 % | 12.1 % | -3.3 % |
ROI | 17.8 % | 21.1 % | 33.8 % | 9.4 % | 2.1 % |
Economic value added (EVA) | 16.19 | 18.35 | 33.00 | 17.14 | 31.10 |
Solvency | |||||
Equity ratio | 38.5 % | 39.3 % | 35.0 % | 26.4 % | 24.8 % |
Gearing | 49.5 % | 4.1 % | 39.7 % | 176.6 % | 224.9 % |
Relative net indebtedness % | 23.0 % | 26.4 % | 27.2 % | 50.9 % | 47.7 % |
Liquidity | |||||
Quick ratio | 0.9 | 1.0 | 0.6 | 0.8 | 0.7 |
Current ratio | 0.9 | 1.0 | 0.6 | 0.8 | 0.7 |
Cash and cash equivalents | 7.82 | 0.56 | 13.10 | 16.08 | 24.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 62.5 | 55.1 | 51.4 | 71.6 | 50.7 |
Net working capital % | -2.3 % | 0.4 % | -10.7 % | -7.3 % | -8.9 % |
Credit risk | |||||
Credit rating | AAA | AA | AA | AA | A |
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