Global Scanning Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Global Scanning Denmark A/S
Global Scanning Denmark A/S (CVR number: 12759282K) is a company from ALLERØD. The company reported a net sales of 11.2 mUSD in 2022, demonstrating a decline of -4 % compared to the previous year. The operating profit percentage was poor at -1.7 % (EBIT: -0.2 mUSD), while net earnings were 1824 kUSD. The profitability of the company measured by Return on Assets (ROA) was 18.5 %, which can be considered excellent and Return on Equity (ROE) was 56.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.7 %, 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. Global Scanning Denmark A/S's liquidity measured by quick ratio was 0.5 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 (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 14 588.00 | 13 970.00 | 10 010.00 | 11 709.00 | 11 243.00 |
Gross profit | 1 627.00 | 2 307.00 | 1 277.00 | 2 295.00 | 2 851.00 |
EBIT | -4 520.00 | -8 317.00 | 4 915.00 | - 753.00 | - 187.00 |
Net earnings | -4 166.00 | -9 762.00 | 4 376.00 | -2 368.00 | 1 824.00 |
Shareholders equity total | -1 306.00 | -11 068.00 | -6 692.00 | 2 194.00 | 4 278.00 |
Balance sheet total (assets) | 17 559.00 | 14 853.00 | 8 323.00 | 8 349.00 | 15 995.00 |
Net debt | 17 187.00 | 23 434.00 | 13 390.00 | 4 457.00 | 9 504.00 |
Profitability | |||||
EBIT-% | -31.0 % | -59.5 % | 49.1 % | -6.4 % | -1.7 % |
ROA | -25.0 % | -36.0 % | 24.3 % | -6.2 % | 18.5 % |
ROE | -40.8 % | -60.2 % | 37.8 % | -45.0 % | 56.4 % |
ROI | -28.1 % | -39.0 % | 26.2 % | -6.8 % | 20.8 % |
Economic value added (EVA) | -4 266.09 | -9 629.91 | 5 413.70 | -1 125.51 | - 541.26 |
Solvency | |||||
Equity ratio | -6.9 % | -42.7 % | -44.6 % | 26.3 % | 26.7 % |
Gearing | -1327.9 % | -212.6 % | -202.0 % | 216.1 % | 227.0 % |
Relative net indebtedness % | 128.3 % | 184.9 % | 148.7 % | 50.1 % | 102.4 % |
Liquidity | |||||
Quick ratio | 0.4 | 0.3 | 0.1 | 0.4 | 0.5 |
Current ratio | 0.7 | 0.4 | 0.2 | 0.7 | 0.6 |
Cash and cash equivalents | 155.00 | 97.00 | 129.00 | 284.00 | 207.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 54.0 | 43.1 | 38.0 | 56.8 | 52.6 |
Net working capital % | -28.0 % | -73.9 % | -113.4 % | -14.7 % | -38.8 % |
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | A |
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