Systems Division Properties A/S — Credit Rating and Financial Key Figures

CVR number: 39405148
Ehlersvej 11, 2900 Hellerup

Company information

Official name
Systems Division Properties A/S
Established
2018
Company form
Limited company
Industry

About Systems Division Properties A/S

Systems Division Properties A/S (CVR number: 39405148) is a company from KØBENHAVN. The company reported a net sales of 3.2 mDKK in 2023, demonstrating a decline of -0.1 % compared to the previous year. The operating profit percentage was at 277.4 % (EBIT: 8.9 mDKK), while net earnings were 6807.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.2 %, which can be considered excellent and Return on Equity (ROE) was 24.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.8 %, 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. Systems Division Properties A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales3 220.173 221.133 222.193 227.253 223.25
Gross profit2 744.221 880.991 122.861 277.812 439.69
EBIT2 744.221 880.991 122.861 277.818 939.69
Net earnings2 065.391 448.57940.63974.836 807.24
Shareholders equity total32 358.9133 807.4729 448.1030 422.9325 230.17
Balance sheet total (assets)49 793.3550 098.5442 898.5343 055.6841 500.00
Net debt7 543.296 404.993 610.973 685.955 589.45
Profitability
EBIT-%85.2 %58.4 %34.8 %39.6 %277.4 %
ROA6.3 %4.4 %3.1 %3.4 %21.2 %
ROE6.5 %4.4 %3.0 %3.3 %24.5 %
ROI6.7 %4.7 %3.3 %3.5 %22.2 %
Economic value added (EVA)574.12- 178.45- 839.90- 501.625 997.11
Solvency
Equity ratio66.2 %68.8 %70.2 %70.7 %60.8 %
Gearing23.3 %18.9 %12.3 %12.1 %22.2 %
Relative net indebtedness %334.2 %297.4 %201.6 %173.1 %232.7 %
Liquidity
Quick ratio1.51.71.41.4
Current ratio1.41.61.21.4
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %125.2 %171.3 %43.6 %76.5 %-232.7 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:21.2%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.8%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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