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System Transport Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 402.4 mDKK in 2025, demonstrating a growth of 3.5 % compared to the previous year. The operating profit percentage was at 2.1 % (EBIT: 8.6 mDKK), while net earnings were -1919.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was -17.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. System Transport Holding A/S's liquidity measured by quick ratio was 0.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 457.83 | 453.43 | 388.91 | 402.42 | |
| Gross profit | 119.61 | 171.29 | 179.50 | 140.69 | 151.08 |
| EBIT | 16.42 | 23.76 | 17.65 | -13.14 | 8.55 |
| Net earnings | 10.52 | 15.93 | 7.88 | -23.06 | -1.92 |
| Shareholders equity total | 11.21 | 15.04 | 34.88 | 11.85 | 9.93 |
| Balance sheet total (assets) | 117.89 | 152.12 | 203.14 | 286.09 | 273.10 |
| Net debt | 33.34 | 38.81 | 37.86 | 105.19 | 115.45 |
| Profitability | |||||
| EBIT-% | 5.2 % | 3.9 % | -3.4 % | 2.1 % | |
| ROA | 14.7 % | 18.1 % | 10.8 % | -4.7 % | 3.7 % |
| ROE | 176.1 % | 121.3 % | 31.6 % | -98.7 % | -17.6 % |
| ROI | 25.1 % | 32.0 % | 16.5 % | -6.2 % | 4.6 % |
| Economic value added (EVA) | 9.27 | 14.58 | 7.86 | -19.05 | -3.17 |
| Solvency | |||||
| Equity ratio | 9.5 % | 9.9 % | 17.2 % | 16.1 % | 27.8 % |
| Gearing | 388.3 % | 273.3 % | 116.2 % | 903.6 % | 1167.5 % |
| Relative net indebtedness % | 28.6 % | 35.4 % | 69.6 % | 64.9 % | |
| Liquidity | |||||
| Quick ratio | 0.9 | 0.7 | 0.7 | 0.5 | 0.6 |
| Current ratio | 0.9 | 0.7 | 0.7 | 0.5 | 0.6 |
| Cash and cash equivalents | 10.21 | 2.28 | 2.68 | 1.89 | 0.49 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 39.3 | 36.7 | 41.0 | 38.1 | |
| Net working capital % | -4.9 % | -5.7 % | -13.2 % | -7.9 % | |
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BBB | BBB |
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