SAAK HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SAAK HOLDING A/S
SAAK HOLDING A/S (CVR number: 25993861) is a company from SØNDERBORG. The company recorded a gross profit of -168.7 kDKK in 2023. The operating profit was -313.5 kDKK, while net earnings were 5925.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.7 %, which can be considered excellent but Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SAAK HOLDING A/S's liquidity measured by quick ratio was 20 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 | - 106.98 | - 156.12 | - 189.28 | - 158.19 | - 168.67 |
EBIT | - 106.98 | - 156.12 | - 189.28 | - 168.56 | - 313.48 |
Net earnings | 1 206.33 | 4 576.24 | 4 380.19 | 2 708.71 | 5 925.14 |
Shareholders equity total | 31 302.47 | 34 878.71 | 37 758.90 | 38 467.61 | 42 392.75 |
Balance sheet total (assets) | 34 305.29 | 36 263.83 | 39 229.50 | 39 928.10 | 45 242.76 |
Net debt | -12 076.24 | -19 759.33 | -19 273.51 | -19 364.13 | -17 801.81 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.9 % | 15.3 % | 13.9 % | 9.4 % | 16.7 % |
ROE | 3.9 % | 13.8 % | 12.1 % | 7.1 % | 14.7 % |
ROI | 8.1 % | 15.7 % | 14.4 % | 9.7 % | 17.2 % |
Economic value added (EVA) | - 400.40 | - 530.18 | - 403.74 | - 351.48 | - 390.55 |
Solvency | |||||
Equity ratio | 91.2 % | 96.2 % | 96.3 % | 96.3 % | 93.7 % |
Gearing | 8.8 % | 0.2 % | 0.1 % | 1.0 % | 3.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 27.5 | 70.7 | 27.1 | 36.6 | 20.0 |
Current ratio | 27.5 | 70.7 | 27.1 | 36.6 | 20.0 |
Cash and cash equivalents | 14 838.41 | 19 821.24 | 19 324.37 | 19 735.07 | 19 175.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AAA | AA | AA |
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