SDK Shipping A/S — Credit Rating and Financial Key Figures

CVR number: 43785028
Litauen Alle 6, Høje Taastrup 2630 Taastrup
sdkgroup@sdkgroup.com
tel: 76206000
www.sdkgroup.com

Company information

Official name
SDK Shipping A/S
Personnel
288 persons
Established
1973
Domicile
Høje Taastrup
Company form
Limited company
Industry

About SDK Shipping A/S

SDK Shipping A/S (CVR number: 43785028) is a company from Høje-Taastrup. The company reported a net sales of 518.3 mDKK in 2023, demonstrating a decline of -10.9 % compared to the previous year. The operating profit percentage was at 9.2 % (EBIT: 47.5 mDKK), while net earnings were 37.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good but Return on Equity (ROE) was 31.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SDK Shipping A/S'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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales287.82468.46528.78581.47518.28
Gross profit86.83166.70183.49211.89208.10
EBIT10.8131.0525.7052.3847.52
Net earnings7.5822.3318.2040.7737.22
Shareholders equity total44.9484.0291.62115.49120.75
Balance sheet total (assets)223.16366.65372.10416.37457.78
Net debt92.49118.35
Profitability
EBIT-%3.8 %6.6 %4.9 %9.0 %9.2 %
ROA5.3 %10.5 %7.0 %14.0 %12.1 %
ROE17.8 %34.6 %20.7 %39.4 %31.5 %
ROI6.1 %10.5 %7.0 %17.2 %18.7 %
Economic value added (EVA)6.9828.7921.4836.4026.77
Solvency
Equity ratio100.0 %100.0 %100.0 %27.7 %26.4 %
Gearing80.5 %98.3 %
Relative net indebtedness %50.4 %63.6 %
Liquidity
Quick ratio1.51.3
Current ratio1.51.3
Cash and cash equivalents0.500.35
Capital use efficiency
Trade debtors turnover (days)41.935.4
Net working capital %12.0 %12.1 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:12.1%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.4%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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