STOK EMBALLAGE K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About STOK EMBALLAGE K/S
STOK EMBALLAGE K/S (CVR number: 16427284K) is a company from KERTEMINDE. The company reported a net sales of 702.9 mDKK in 2023, demonstrating a decline of -1.2 % compared to the previous year. The operating profit percentage was at 8.2 % (EBIT: 57.5 mDKK), while net earnings were 56.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 21.7 %, which can be considered excellent and Return on Equity (ROE) was 24.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. STOK EMBALLAGE K/S's liquidity measured by quick ratio was 3.2 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 financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 522.72 | 711.12 | 702.94 |
Gross profit | 126.42 | 163.67 | 156.14 |
EBIT | 63.51 | 81.02 | 57.48 |
Net earnings | 62.98 | 80.24 | 56.59 |
Shareholders equity total | 160.10 | 224.77 | 231.90 |
Balance sheet total (assets) | 214.00 | 256.66 | 278.98 |
Net debt | 17.25 | -13.74 | -18.54 |
Profitability | |||
EBIT-% | 12.1 % | 11.4 % | 8.2 % |
ROA | 29.7 % | 34.5 % | 21.7 % |
ROE | 39.3 % | 41.7 % | 24.8 % |
ROI | 35.1 % | 39.9 % | 25.3 % |
Economic value added (EVA) | 63.51 | 73.15 | 47.14 |
Solvency | |||
Equity ratio | 74.8 % | 87.6 % | 83.1 % |
Gearing | 13.0 % | 0.2 % | 0.8 % |
Relative net indebtedness % | 9.6 % | 2.5 % | 3.8 % |
Liquidity | |||
Quick ratio | 2.1 | 3.8 | 3.2 |
Current ratio | 3.4 | 6.4 | 5.0 |
Cash and cash equivalents | 3.49 | 14.18 | 20.39 |
Capital use efficiency | |||
Trade debtors turnover (days) | 77.2 | 54.3 | 58.8 |
Net working capital % | 24.3 % | 24.3 % | 24.5 % |
Credit risk | |||
Credit rating | A | A | AA |
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