SPEED COLOR A/S — Credit Rating and Financial Key Figures

CVR number: 27985920
Hjaltesvej 6, 8960 Randers SØ
tel: 86413144

Company information

Official name
SPEED COLOR A/S
Personnel
12 persons
Established
2004
Company form
Limited company
Industry

About SPEED COLOR A/S

SPEED COLOR A/S (CVR number: 27985920) is a company from RANDERS. The company recorded a gross profit of 6278.9 kDKK in 2023. The operating profit was 1216.2 kDKK, while net earnings were 945.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37 %, which can be considered excellent and Return on Equity (ROE) was 55 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SPEED COLOR A/S's liquidity measured by quick ratio was 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 934.514 861.626 153.236 108.836 278.94
EBIT613.38773.431 181.60691.631 216.24
Net earnings399.50545.19807.85493.93945.11
Shareholders equity total2 443.872 589.052 851.901 493.931 945.11
Balance sheet total (assets)7 641.997 320.387 871.222 455.374 125.07
Net debt4 179.773 186.873 407.83188.12-1 431.51
Profitability
EBIT-%
ROA8.0 %10.3 %15.6 %13.4 %37.0 %
ROE15.4 %21.7 %29.7 %22.7 %55.0 %
ROI9.0 %11.9 %18.3 %16.0 %59.3 %
Economic value added (EVA)198.79354.29646.52507.80872.65
Solvency
Equity ratio32.0 %35.4 %36.2 %60.8 %47.2 %
Gearing176.5 %125.9 %131.9 %12.6 %15.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.30.31.71.5
Current ratio0.50.40.42.11.7
Cash and cash equivalents132.4673.90352.841 736.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:37.0%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.2%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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