SCANDINAVIAN HOTELS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SCANDINAVIAN HOTELS A/S
SCANDINAVIAN HOTELS A/S (CVR number: 36036524) is a company from AARHUS. The company recorded a gross profit of -330.6 kDKK in 2023. The operating profit was -330.6 kDKK, while net earnings were 213.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SCANDINAVIAN HOTELS A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 127.89 | - 251.82 | -93.50 | -83.44 | - 330.58 |
EBIT | - 127.89 | - 251.82 | -93.50 | -83.44 | - 330.58 |
Net earnings | 10 225.61 | -17 962.79 | -3 768.64 | 3 707.95 | 213.42 |
Shareholders equity total | 227 621.37 | 207 940.42 | 205 582.61 | 205 996.11 | 205 891.41 |
Balance sheet total (assets) | 233 778.62 | 211 649.06 | 208 355.30 | 210 667.99 | 212 727.24 |
Net debt | 6 015.93 | 2 774.92 | 2 710.19 | 4 355.89 | 6 761.12 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.9 % | -8.0 % | -1.8 % | 1.8 % | 0.2 % |
ROE | 5.1 % | -8.2 % | -1.8 % | 1.8 % | 0.1 % |
ROI | 4.9 % | -8.0 % | -1.8 % | 1.8 % | 0.2 % |
Economic value added (EVA) | 1 136.31 | 8 692.83 | 8 030.57 | 7 937.19 | 7 594.85 |
Solvency | |||||
Equity ratio | 97.4 % | 98.2 % | 98.7 % | 97.8 % | 96.8 % |
Gearing | 2.7 % | 1.3 % | 1.3 % | 2.2 % | 3.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 1.1 | 1.1 | 1.1 | 1.0 |
Current ratio | 1.8 | 1.1 | 1.1 | 1.1 | 1.0 |
Cash and cash equivalents | 63.12 | 18.32 | 4.55 | 221.65 | 19.71 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | A | AA | A |
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