System Transport Holding A/S — Credit Rating and Financial Key Figures

CVR number: 38530631
Transportcenter Alle 19, 7400 Herning

Company information

Official name
System Transport Holding A/S
Established
2017
Company form
Limited company
Industry

About System Transport Holding A/S

System Transport Holding A/S (CVR number: 38530631K) is a company from HERNING. The company reported a net sales of 388.9 mDKK in 2024, demonstrating a decline of -14.2 % compared to the previous year. The operating profit percentage was poor at -3.4 % (EBIT: -13.1 mDKK), while net earnings were -23.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -4.7 %, which can be considered poor and Return on Equity (ROE) was -98.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 16.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. System Transport Holding A/S's liquidity measured by quick ratio was 0.5 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales457.83453.43388.91
Gross profit94.92119.61171.29179.50140.69
EBIT2.9016.4223.7617.65-13.14
Net earnings-0.8710.5215.937.88-23.06
Shareholders equity total0.7311.2115.0434.8811.85
Balance sheet total (assets)114.87117.89152.12203.14286.09
Net debt53.9433.3438.8137.86105.19
Profitability
EBIT-%5.2 %3.9 %-3.4 %
ROA2.5 %14.7 %18.1 %10.8 %-4.7 %
ROE-66.8 %176.1 %121.3 %31.6 %-98.7 %
ROI4.0 %25.1 %32.0 %16.5 %-6.2 %
Economic value added (EVA)-1.979.2714.587.86-19.05
Solvency
Equity ratio0.6 %9.5 %9.9 %17.2 %16.1 %
Gearing8447.9 %388.3 %273.3 %116.2 %903.6 %
Relative net indebtedness %28.6 %35.4 %69.6 %
Liquidity
Quick ratio0.80.90.70.70.5
Current ratio0.80.90.70.70.5
Cash and cash equivalents8.0610.212.282.681.89
Capital use efficiency
Trade debtors turnover (days)39.336.741.0
Net working capital %-4.9 %-5.7 %-13.2 %
Credit risk
Credit ratingBBBBBBBBBAAA

Variable visualization

ROA:-4.74%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.1%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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