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: 16427284) is a company from KERTEMINDE. The company reported a net sales of 626.1 mDKK in 2023, demonstrating a decline of -5.7 % compared to the previous year. The operating profit percentage was at 8.9 % (EBIT: 56 mDKK), while net earnings were 56.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 22.1 %, which can be considered excellent and Return on Equity (ROE) was 24.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84.8 %, 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 3.4 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 | 349.60 | 388.26 | 522.72 | 663.62 | 626.10 |
Gross profit | 81.93 | 90.43 | 126.42 | 157.51 | 144.81 |
EBIT | 26.11 | 31.87 | 63.51 | 78.87 | 55.95 |
Net earnings | 25.48 | 31.25 | 62.98 | 80.24 | 56.75 |
Shareholders equity total | 91.61 | 97.23 | 160.10 | 224.77 | 230.98 |
Balance sheet total (assets) | 134.63 | 164.92 | 214.00 | 254.76 | 272.32 |
Net debt | 14.95 | 24.50 | 17.25 | -12.10 | -13.80 |
Profitability | |||||
EBIT-% | 7.5 % | 8.2 % | 12.1 % | 11.9 % | 8.9 % |
ROA | 19.6 % | 21.3 % | 33.5 % | 34.6 % | 22.1 % |
ROE | 31.4 % | 33.1 % | 48.9 % | 41.7 % | 24.9 % |
ROI | 24.6 % | 26.7 % | 41.0 % | 39.9 % | 25.5 % |
Economic value added (EVA) | 22.69 | 27.37 | 58.99 | 71.00 | 45.87 |
Solvency | |||||
Equity ratio | 68.0 % | 59.0 % | 74.8 % | 88.2 % | 84.8 % |
Gearing | 18.5 % | 32.9 % | 13.0 % | 0.1 % | 0.7 % |
Relative net indebtedness % | 11.7 % | 15.5 % | 9.6 % | 2.7 % | 4.1 % |
Liquidity | |||||
Quick ratio | 1.7 | 1.5 | 2.1 | 4.0 | 3.4 |
Current ratio | 2.7 | 2.2 | 3.4 | 6.4 | 5.0 |
Cash and cash equivalents | 2.04 | 7.46 | 3.49 | 12.26 | 15.41 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 65.8 | 71.3 | 77.2 | 56.1 | 62.1 |
Net working capital % | 20.2 % | 20.1 % | 24.3 % | 24.4 % | 24.3 % |
Credit risk | |||||
Credit rating | A | AA | A | A | AA |
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