THE SCANDINAVIAN ApS — Credit Rating and Financial Key Figures

CVR number: 26609194
Oldvej 3, 3520 Farum
ct@thescandinavian.dk
tel: 48174020

Company information

Official name
THE SCANDINAVIAN ApS
Personnel
31 persons
Established
2002
Company form
Private limited company
Industry

About THE SCANDINAVIAN ApS

THE SCANDINAVIAN ApS (CVR number: 26609194) is a company from ALLERØD. The company recorded a gross profit of 15.8 mDKK in 2024. The operating profit was -721.7 kDKK, while net earnings were -666.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THE SCANDINAVIAN ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit13 672.5715 263.6214 491.9115 256.5015 815.91
EBIT-3 510.72- 728.07- 985.90-1 176.22- 721.74
Net earnings-3 696.91- 928.62-1 161.00-1 243.21- 666.58
Shareholders equity total122 985.53122 056.92124 405.92123 162.71122 496.13
Balance sheet total (assets)135 494.16134 460.86133 480.73131 755.05131 111.48
Net debt-6 232.99-1 285.81-6 140.88-4 176.92-3 861.13
Profitability
EBIT-%
ROA-2.6 %-0.5 %-0.7 %-0.8 %-0.4 %
ROE-3.0 %-0.8 %-0.9 %-1.0 %-0.5 %
ROI-2.9 %-0.6 %-0.8 %-0.9 %-0.4 %
Economic value added (EVA)-9 663.96-6 908.09-7 146.46-7 447.67-6 930.72
Solvency
Equity ratio93.0 %93.3 %94.7 %94.8 %94.8 %
Gearing0.4 %0.3 %0.3 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.51.71.61.3
Current ratio1.21.11.31.31.1
Cash and cash equivalents6 232.991 827.126 539.884 575.924 260.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:-0.37%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.8%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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