SCANDINAVIAN TOBACCO GROUP ASSENS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 856.80 | 821.20 | 860.60 | 985.50 | 1 148.90 |
Gross profit | 856.80 | 821.20 | 860.60 | 582.40 | 718.80 |
EBIT | 168.30 | 194.50 | 172.00 | 356.30 | 445.70 |
Net earnings | 139.30 | 162.40 | 136.10 | 273.70 | 386.30 |
Shareholders equity total | 1 107.40 | 1 149.80 | 960.90 | 1 034.50 | 1 040.70 |
Balance sheet total (assets) | 1 442.40 | 1 383.60 | |||
Net debt | 49.60 | 2.90 | |||
Profitability | |||||
EBIT-% | 19.6 % | 23.7 % | 20.0 % | 36.2 % | 38.8 % |
ROA | 20.9 % | 25.5 % | 32.6 % | ||
ROE | 13.4 % | 7.2 % | 6.4 % | 13.7 % | 37.2 % |
ROI | 23.1 % | 31.5 % | 40.4 % | ||
Economic value added (EVA) | 120.40 | 138.85 | 114.22 | 215.16 | 323.22 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 71.7 % | 75.2 % |
Gearing | 5.1 % | 0.5 % | |||
Relative net indebtedness % | 32.9 % | 24.0 % | |||
Liquidity | |||||
Quick ratio | 1.9 | 1.8 | |||
Current ratio | 2.7 | 3.2 | |||
Cash and cash equivalents | 2.70 | 1.90 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 25.5 | 42.3 | |||
Net working capital % | 55.5 % | 53.5 % | |||
Credit risk | |||||
Credit rating | B | B | B | AA | AA |
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