STEVNS SPILDEVAND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About STEVNS SPILDEVAND A/S
STEVNS SPILDEVAND A/S (CVR number: 32268285) is a company from STEVNS. The company reported a net sales of 42.5 mDKK in 2023, demonstrating a decline of -16.8 % compared to the previous year. The operating profit percentage was poor at -21.1 % (EBIT: -9 mDKK), while net earnings were -10.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 89.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. STEVNS SPILDEVAND A/S's liquidity measured by quick ratio was 1.1 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 43.39 | 50.67 | 39.74 | 51.04 | 42.46 |
Gross profit | -1.50 | 9.98 | -5.50 | 3.76 | -6.92 |
EBIT | -3.98 | 7.21 | -7.62 | 0.84 | -8.97 |
Net earnings | -6.31 | 6.05 | -7.74 | 1.82 | -10.05 |
Shareholders equity total | 1 031.48 | 1 036.55 | 1 030.59 | 1 037.82 | 1 026.83 |
Balance sheet total (assets) | 1 155.05 | 1 151.13 | 1 155.74 | 1 153.07 | 1 144.02 |
Net debt | 41.64 | 38.11 | 36.54 | 46.22 | 51.58 |
Profitability | |||||
EBIT-% | -9.2 % | 14.2 % | -19.2 % | 1.6 % | -21.1 % |
ROA | -0.3 % | 0.7 % | -0.6 % | 0.1 % | -0.7 % |
ROE | -0.6 % | 0.6 % | -0.7 % | 0.2 % | -1.0 % |
ROI | -0.3 % | 0.7 % | -0.7 % | 0.1 % | -0.7 % |
Economic value added (EVA) | -39.44 | -27.27 | -60.83 | -52.92 | -63.27 |
Solvency | |||||
Equity ratio | 89.3 % | 90.0 % | 89.2 % | 90.0 % | 89.8 % |
Gearing | 6.9 % | 6.7 % | 6.3 % | 5.9 % | 5.9 % |
Relative net indebtedness % | 207.2 % | 164.1 % | 243.6 % | 196.0 % | 255.7 % |
Liquidity | |||||
Quick ratio | 2.0 | 2.9 | 2.9 | 3.9 | 1.1 |
Current ratio | 2.0 | 2.9 | 2.9 | 3.9 | 1.1 |
Cash and cash equivalents | 29.16 | 31.43 | 28.36 | 15.18 | 8.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 26.7 | 50.2 | 125.8 | 18.2 | 24.0 |
Net working capital % | 47.8 % | 63.8 % | 81.2 % | 49.5 % | 4.5 % |
Credit risk | |||||
Credit rating | A | AAA | A | AAA | A |
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