SCAN CON GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SCAN CON GROUP A/S
SCAN CON GROUP A/S (CVR number: 27079687K) is a company from GULDBORGSUND. The company reported a net sales of 165 mDKK in 2023, demonstrating a growth of 19.2 % compared to the previous year. The operating profit percentage was at 0.5 % (EBIT: 0.9 mDKK), while net earnings were -973.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was -4.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.6 %, 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. SCAN CON GROUP A/S's liquidity measured by quick ratio was 0.6 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 | 208.71 | 131.20 | 142.85 | 138.39 | 164.98 |
Gross profit | 199.30 | 122.45 | 124.33 | 118.19 | 135.60 |
EBIT | -0.39 | -1.04 | -5.06 | 1.31 | 0.90 |
Net earnings | 0.40 | -1.75 | 2.78 | 0.02 | -0.97 |
Shareholders equity total | 21.55 | 19.78 | 22.55 | 22.55 | 21.70 |
Balance sheet total (assets) | 57.58 | 74.54 | 56.27 | 67.13 | 66.69 |
Net debt | 14.26 | 6.06 | 11.84 | 12.66 | 14.85 |
Profitability | |||||
EBIT-% | -0.2 % | -0.8 % | -3.5 % | 0.9 % | 0.5 % |
ROA | 10.2 % | 1.1 % | 6.0 % | 4.1 % | 2.3 % |
ROE | 1.9 % | -8.5 % | 13.1 % | 0.1 % | -4.4 % |
ROI | 16.7 % | 1.8 % | 10.7 % | 6.8 % | 3.9 % |
Economic value added (EVA) | -1.42 | -1.85 | -6.29 | -0.25 | -0.43 |
Solvency | |||||
Equity ratio | 40.9 % | 29.2 % | 43.6 % | 36.6 % | 35.6 % |
Gearing | 72.3 % | 72.0 % | 55.9 % | 61.1 % | 70.7 % |
Relative net indebtedness % | 15.9 % | 35.0 % | 22.8 % | 31.1 % | 26.9 % |
Liquidity | |||||
Quick ratio | 0.7 | 0.7 | 0.7 | 0.7 | 0.6 |
Current ratio | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 |
Cash and cash equivalents | 1.31 | 8.19 | 0.76 | 1.13 | 0.48 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 12.9 | 29.1 | 16.5 | 37.1 | 25.4 |
Net working capital % | -2.5 % | -8.6 % | -4.2 % | -6.0 % | -7.9 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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