SINOSCAN GROUP A/S — Credit Rating and Financial Key Figures

CVR number: 20243384
Bugattivej 5 M, 7100 Vejle
accounting.group@sinoscan.com
tel: 66148105

Credit rating

Company information

Official name
SINOSCAN GROUP A/S
Personnel
4 persons
Established
1997
Company form
Limited company
Industry

About SINOSCAN GROUP A/S

SINOSCAN GROUP A/S (CVR number: 20243384K) is a company from VEJLE. The company recorded a gross profit of 28.4 mDKK in 2018. The operating profit was 1687 kDKK, while net earnings were 829 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 36.3 %, 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. SINOSCAN GROUP A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2014
2015
2016
2017
2018
Volume
Net sales
Gross profit23 860.0022 151.0027 466.0026 125.0028 446.00
EBIT5 406.00-1 069.004 591.001 897.001 687.00
Net earnings3 180.00-1 053.002 709.00- 595.00829.00
Shareholders equity total9 439.0012 756.0013 621.0010 902.0016 907.00
Balance sheet total (assets)57 707.0046 232.0048 454.0046 240.0050 323.00
Net debt5 769.002 218.002 695.003 145.00
Profitability
EBIT-%
ROA-0.0 %10.4 %4.0 %3.9 %
ROE-16.6 %35.5 %-9.6 %9.0 %
ROI-0.1 %22.7 %9.4 %8.5 %
Economic value added (EVA)3 404.36-1 454.001 839.92254.33252.77
Solvency
Equity ratio28.0 %28.7 %25.4 %36.3 %
Gearing69.4 %59.6 %72.5 %53.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.70.70.9
Current ratio1.31.31.21.4
Cash and cash equivalents10 303.003 082.005 903.005 209.005 854.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:3.93%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.3%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

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