SCHIØNNING HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SCHIØNNING HOLDING A/S
SCHIØNNING HOLDING A/S (CVR number: 26240581) is a company from RANDERS. The company recorded a gross profit of -30.2 kDKK in 2023. The operating profit was -30.2 kDKK, while net earnings were 185.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good but Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 86.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SCHIØNNING HOLDING A/S's liquidity measured by quick ratio was 6.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -11.18 | -10.31 | -10.94 | -21.38 | -30.22 |
| EBIT | -11.18 | -10.31 | -10.94 | -21.38 | -30.22 |
| Net earnings | -40.02 | -43.21 | 186.68 | - 347.02 | 185.44 |
| Shareholders equity total | 2 870.70 | 2 772.18 | 2 902.36 | 2 498.15 | 2 624.69 |
| Balance sheet total (assets) | 3 173.50 | 3 085.29 | 3 260.10 | 2 875.89 | 3 031.10 |
| Net debt | -2 494.01 | -2 436.93 | -2 582.07 | -2 004.63 | -2 176.55 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -1.0 % | -0.7 % | 7.3 % | 5.1 % | 8.6 % |
| ROE | -1.4 % | -1.5 % | 6.6 % | -12.9 % | 7.2 % |
| ROI | -1.0 % | -0.7 % | 7.3 % | 5.2 % | 8.6 % |
| Economic value added (EVA) | 2.02 | 3.45 | 6.18 | 1.30 | -11.52 |
| Solvency | |||||
| Equity ratio | 90.5 % | 89.9 % | 89.0 % | 86.9 % | 86.6 % |
| Gearing | 10.3 % | 11.0 % | 11.2 % | 14.8 % | 15.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 9.3 | 8.8 | 8.3 | 6.7 | 6.5 |
| Current ratio | 9.3 | 8.8 | 8.3 | 6.7 | 6.5 |
| Cash and cash equivalents | 2 788.43 | 2 741.66 | 2 906.76 | 2 374.88 | 2 575.46 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | A | A | A |
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