SYSTEM TM A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SYSTEM TM A/S
SYSTEM TM A/S (CVR number: 75152116) is a company from ODDER. The company recorded a gross profit of 163 mDKK in 2023. The operating profit was 42.4 mDKK, while net earnings were 33.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 22.9 %, which can be considered excellent and Return on Equity (ROE) was 99.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.3 %, 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 TM A/S's liquidity measured by quick ratio was 2.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 113 781.00 | 50 707.00 | 117 297.00 | 109 310.08 | 162 953.73 |
EBIT | 25 728.00 | 13 090.00 | 26 303.00 | 11 175.47 | 42 430.29 |
Net earnings | 19 069.00 | 9 065.00 | 20 221.00 | 8 735.04 | 33 888.51 |
Shareholders equity total | 54 436.00 | 53 501.00 | 30 478.00 | 18 705.70 | 49 624.21 |
Balance sheet total (assets) | 178 639.00 | 163 364.00 | 184 534.00 | 155 976.75 | 233 240.04 |
Net debt | -20 384.47 | -31 274.25 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 13.9 % | 7.7 % | 15.1 % | 6.7 % | 22.9 % |
ROE | 34.7 % | 16.8 % | 48.2 % | 35.5 % | 99.2 % |
ROI | 19.7 % | 7.7 % | 15.1 % | 10.2 % | 76.1 % |
Economic value added (EVA) | 25 812.62 | 10 354.59 | 23 614.57 | 7 173.70 | 33 135.24 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 22.3 % | 34.3 % |
Gearing | 4.2 % | 2.2 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 2.2 | |||
Current ratio | 0.8 | 1.1 | |||
Cash and cash equivalents | 21 167.50 | 32 390.38 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | AA |
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