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

System Transport Holding A/S (CVR number: 38530631K) is a company from HERNING. The company reported a net sales of 453.4 mDKK in 2023, demonstrating a decline of -1 % compared to the previous year. The operating profit percentage was at 3.2 % (EBIT: 14.4 mDKK), while net earnings were 7882.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was 31.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.2 %, 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 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.