Scandesign A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Scandesign A/S
Scandesign A/S (CVR number: 31861500) is a company from KØBENHAVN. The company recorded a gross profit of 9362.3 kDKK in 2023, demonstrating a decline of -30.9 % compared to the previous year. The operating profit was -3443.8 kDKK, while net earnings were -4131.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -47.8 %, which can be considered poor and Return on Equity (ROE) was -136.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -25.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Scandesign A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 18 244.15 | ||||
Gross profit | 9 119.45 | 9 711.06 | 13 018.26 | 13 541.98 | 9 362.34 |
EBIT | 166.08 | - 231.59 | 1 096.68 | -1 281.83 | -3 443.77 |
Net earnings | 90.34 | - 262.98 | 825.71 | -1 231.10 | -4 131.18 |
Shareholders equity total | 546.84 | 417.19 | 1 242.90 | 11.79 | -2 119.39 |
Balance sheet total (assets) | 4 120.36 | 5 717.79 | 7 166.88 | 6 082.65 | 6 052.55 |
Net debt | - 802.23 | - 466.35 | - 813.53 | 162.43 | 1 207.04 |
Profitability | |||||
EBIT-% | -7.0 % | ||||
ROA | 5.2 % | -4.7 % | 17.0 % | -19.3 % | -47.8 % |
ROE | 18.0 % | -54.6 % | 99.5 % | -196.2 % | -136.2 % |
ROI | 14.1 % | -13.0 % | 52.1 % | -81.6 % | -378.6 % |
Economic value added (EVA) | 124.41 | - 175.79 | 884.09 | -1 057.69 | -3 608.64 |
Solvency | |||||
Equity ratio | 13.3 % | 7.3 % | 17.4 % | 0.2 % | -25.9 % |
Gearing | 143.8 % | 71.9 % | 9368.8 % | -109.0 % | |
Relative net indebtedness % | 28.1 % | ||||
Liquidity | |||||
Quick ratio | 1.3 | 1.1 | 1.3 | 1.0 | 0.7 |
Current ratio | 1.3 | 1.1 | 1.3 | 1.0 | 0.7 |
Cash and cash equivalents | 802.23 | 1 066.35 | 1 707.40 | 942.44 | 1 103.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 62.7 | ||||
Net working capital % | -3.4 % | ||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BB | C |
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