SCT. GEORGS FONDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About SCT. GEORGS FONDEN
SCT. GEORGS FONDEN (CVR number: 22085719) is a company from HELSINGØR. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a growth of 4.3 % compared to the previous year. The operating profit percentage was at 5.6 % (EBIT: 0.1 mDKK), while net earnings were 581.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak but Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 70.1 %, 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. SCT. GEORGS FONDEN's liquidity measured by quick ratio was 3.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 146.69 | 1 180.06 | 1 124.43 | 1 170.51 | 1 221.29 |
Gross profit | 249.06 | 509.50 | -1 089.70 | 258.65 | 346.88 |
EBIT | -45.59 | 201.87 | -1 361.80 | -13.29 | 68.59 |
Net earnings | 594.66 | 187.27 | - 960.34 | -1 172.61 | 581.81 |
Shareholders equity total | 17 059.96 | 16 844.03 | 15 577.09 | 14 053.04 | 14 349.65 |
Balance sheet total (assets) | 21 067.73 | 21 022.31 | 21 758.75 | 20 068.30 | 20 455.80 |
Net debt | -6 001.94 | -6 087.25 | -4 906.92 | -2 934.04 | -3 425.40 |
Profitability | |||||
EBIT-% | -4.0 % | 17.1 % | -121.1 % | -1.1 % | 5.6 % |
ROA | 2.8 % | 1.0 % | -4.4 % | -0.0 % | 3.3 % |
ROE | 3.5 % | 1.1 % | -5.9 % | -7.9 % | 4.1 % |
ROI | 2.9 % | 1.0 % | -4.5 % | -0.0 % | 3.3 % |
Economic value added (EVA) | - 612.94 | - 353.79 | -1 902.33 | - 448.96 | - 372.09 |
Solvency | |||||
Equity ratio | 81.0 % | 80.1 % | 71.6 % | 70.0 % | 70.1 % |
Gearing | 21.5 % | 21.8 % | 36.4 % | 42.8 % | 42.6 % |
Relative net indebtedness % | -493.6 % | -472.4 % | -390.5 % | -250.7 % | -280.5 % |
Liquidity | |||||
Quick ratio | 28.4 | 19.1 | 4.2 | 3.9 | 3.9 |
Current ratio | 28.4 | 19.1 | 4.2 | 3.9 | 3.9 |
Cash and cash equivalents | 9 667.94 | 9 753.25 | 10 572.92 | 8 949.29 | 9 531.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -24.9 % | -20.1 % | -157.3 % | -172.5 % | -172.8 % |
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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