SINOSCAN GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2014 | 2015 | 2016 | 2017 | 2018 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 23 860.00 | 22 151.00 | 27 466.00 | 26 125.00 | 28 446.00 |
EBIT | 5 406.00 | -1 069.00 | 4 591.00 | 1 897.00 | 1 687.00 |
Net earnings | 3 180.00 | -1 053.00 | 2 709.00 | - 595.00 | 829.00 |
Shareholders equity total | 9 439.00 | 12 756.00 | 13 621.00 | 10 902.00 | 16 907.00 |
Balance sheet total (assets) | 57 707.00 | 46 232.00 | 48 454.00 | 46 240.00 | 50 323.00 |
Net debt | 5 769.00 | 2 218.00 | 2 695.00 | 3 145.00 | |
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 | -1 454.00 | 1 839.92 | 254.33 | 252.77 |
Solvency | |||||
Equity ratio | 28.0 % | 28.7 % | 25.4 % | 36.3 % | |
Gearing | 69.4 % | 59.6 % | 72.5 % | 53.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.7 | 0.7 | 0.9 | |
Current ratio | 1.3 | 1.3 | 1.2 | 1.4 | |
Cash and cash equivalents | 10 303.00 | 3 082.00 | 5 903.00 | 5 209.00 | 5 854.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB |
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