SCANDINAVIAN TOBACCO GROUP ASSENS A/S — Credit Rating and Financial Key Figures

CVR number: 13405476
Tobaksvej 1, 5610 Assens
tel: 64711032

Credit rating

Company information

Official name
SCANDINAVIAN TOBACCO GROUP ASSENS A/S
Personnel
230 persons
Established
1989
Company form
Limited company
Industry
  • Expand more icon12Manufacture of tobacco products

About SCANDINAVIAN TOBACCO GROUP ASSENS A/S

SCANDINAVIAN TOBACCO GROUP ASSENS A/S (CVR number: 13405476) is a company from ASSENS. The company reported a net sales of 1148.9 mDKK in 2022, demonstrating a growth of 16.6 % compared to the previous year. The operating profit percentage was at 38.8 % (EBIT: 445.7 mDKK), while net earnings were 386.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 32.6 %, which can be considered excellent and Return on Equity (ROE) was 37.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SCANDINAVIAN TOBACCO GROUP ASSENS A/S's liquidity measured by quick ratio was 1.8 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales856.80821.20860.60985.501 148.90
Gross profit856.80821.20860.60582.40718.80
EBIT168.30194.50172.00356.30445.70
Net earnings139.30162.40136.10273.70386.30
Shareholders equity total1 107.401 149.80960.901 034.501 040.70
Balance sheet total (assets)1 442.401 383.60
Net debt49.602.90
Profitability
EBIT-%19.6 %23.7 %20.0 %36.2 %38.8 %
ROA20.9 %25.5 %32.6 %
ROE13.4 %7.2 %6.4 %13.7 %37.2 %
ROI23.1 %31.5 %40.4 %
Economic value added (EVA)120.40138.85114.22215.16323.22
Solvency
Equity ratio100.0 %100.0 %100.0 %71.7 %75.2 %
Gearing5.1 %0.5 %
Relative net indebtedness %32.9 %24.0 %
Liquidity
Quick ratio1.91.8
Current ratio2.73.2
Cash and cash equivalents2.701.90
Capital use efficiency
Trade debtors turnover (days)25.542.3
Net working capital %55.5 %53.5 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:32.6%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.2%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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