Studsgaard Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Studsgaard Group ApS
Studsgaard Group ApS (CVR number: 10321670) is a company from FREDERIKSHAVN. The company reported a net sales of 5.1 mDKK in 2023, demonstrating a decline of -17.4 % compared to the previous year. The operating profit percentage was at 119.4 % (EBIT: 6.1 mDKK), while net earnings were 6006.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.9 %, which can be considered excellent and Return on Equity (ROE) was 22.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Studsgaard Group ApS's liquidity measured by quick ratio was 2.9 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 6 689.77 | 6 421.79 | 6 066.12 | 6 136.40 | 5 068.23 |
Gross profit | 8 224.75 | 7 753.61 | 7 419.85 | 7 146.51 | 6 705.11 |
EBIT | 7 400.35 | 6 929.21 | 6 595.45 | 6 322.11 | 6 050.56 |
Net earnings | 7 498.61 | 6 637.46 | 7 081.28 | 5 502.15 | 6 006.72 |
Shareholders equity total | 44 211.49 | 48 848.95 | 29 183.64 | 31 685.79 | 21 592.51 |
Balance sheet total (assets) | 58 426.79 | 62 131.29 | 39 688.79 | 40 193.12 | 30 843.56 |
Net debt | -9 739.83 | -15 886.24 | 649.62 | 496.55 | 1 688.73 |
Profitability | |||||
EBIT-% | 110.6 % | 107.9 % | 108.7 % | 103.0 % | 119.4 % |
ROA | 14.2 % | 12.7 % | 15.0 % | 16.9 % | 18.9 % |
ROE | 18.1 % | 14.3 % | 18.1 % | 18.1 % | 22.5 % |
ROI | 15.0 % | 13.1 % | 15.6 % | 17.5 % | 19.5 % |
Economic value added (EVA) | 6 698.48 | 6 274.18 | 5 766.02 | 6 020.53 | 5 340.67 |
Solvency | |||||
Equity ratio | 75.7 % | 78.6 % | 73.5 % | 78.8 % | 70.0 % |
Gearing | 26.9 % | 23.2 % | 29.5 % | 23.1 % | 39.4 % |
Relative net indebtedness % | -111.0 % | -217.1 % | 42.1 % | 27.6 % | 48.2 % |
Liquidity | |||||
Quick ratio | 5.0 | 6.0 | 3.9 | 5.2 | 2.9 |
Current ratio | 5.0 | 6.0 | 3.9 | 5.2 | 2.9 |
Cash and cash equivalents | 21 642.20 | 27 221.06 | 7 949.85 | 6 812.89 | 6 808.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 27.8 % | 25.5 % | 32.9 % | 68.7 % | 21.6 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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