SCAN GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SCAN GROUP A/S
SCAN GROUP A/S (CVR number: 81260311K) is a company from KØBENHAVN. The company reported a net sales of 5129 mDKK in 2023, demonstrating a decline of -45.7 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 167.8 mDKK), while net earnings were 160 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good and Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 67 %, 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. SCAN GROUP A/S's liquidity measured by quick ratio was 2.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 560.89 | 4 577.70 | 8 097.44 | 9 451.12 | 5 129.02 |
Gross profit | 884.52 | 931.79 | 1 660.61 | 2 052.08 | 1 160.91 |
EBIT | 106.21 | 166.85 | 710.59 | 939.18 | 167.82 |
Net earnings | 90.71 | 114.39 | 586.82 | 750.65 | 160.00 |
Shareholders equity total | 1 036.94 | 1 119.17 | 1 682.31 | 2 365.83 | 1 593.35 |
Balance sheet total (assets) | 1 729.05 | 1 886.51 | 3 103.33 | 3 548.46 | 2 377.62 |
Net debt | - 383.87 | - 496.81 | -1 123.41 | -2 006.18 | -1 246.08 |
Profitability | |||||
EBIT-% | 2.3 % | 3.6 % | 8.8 % | 9.9 % | 3.3 % |
ROA | 7.7 % | 10.2 % | 30.4 % | 30.9 % | 8.7 % |
ROE | 9.1 % | 10.6 % | 41.9 % | 37.1 % | 8.1 % |
ROI | 12.9 % | 16.8 % | 53.4 % | 50.1 % | 12.4 % |
Economic value added (EVA) | 49.16 | 91.39 | 529.08 | 670.80 | 97.39 |
Solvency | |||||
Equity ratio | 60.0 % | 59.3 % | 54.2 % | 66.7 % | 67.0 % |
Gearing | 2.1 % | 1.8 % | 1.1 % | 0.6 % | 0.8 % |
Relative net indebtedness % | 6.3 % | 5.5 % | 3.4 % | -9.1 % | -9.3 % |
Liquidity | |||||
Quick ratio | 1.9 | 2.0 | 1.9 | 2.7 | 2.5 |
Current ratio | 1.9 | 2.0 | 1.9 | 2.7 | 2.5 |
Cash and cash equivalents | 405.96 | 516.95 | 1 141.99 | 2 021.36 | 1 258.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 38.2 | 41.9 | 48.4 | 22.3 | 28.7 |
Net working capital % | 13.2 % | 15.3 % | 15.3 % | 15.9 % | 13.8 % |
Credit risk | |||||
Credit rating | AA | AA | AA | A | AA |
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