STUDSGAARD HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About STUDSGAARD HOLDING A/S
STUDSGAARD HOLDING A/S (CVR number: 25088840) is a company from BORNHOLMS REGIONSKOMMUNE. The company reported a net sales of 603 mDKK in 2023, demonstrating a decline of -13.9 % compared to the previous year. The operating profit percentage was at 0.2 % (EBIT: 1 mDKK), while net earnings were -475 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.9 %, 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. STUDSGAARD HOLDING A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 558.65 | 538.20 | 605.34 | 700.01 | 602.97 |
Gross profit | 160.55 | 161.47 | 180.21 | 216.42 | 186.83 |
EBIT | 14.31 | 18.07 | 16.93 | 40.23 | 1.03 |
Net earnings | 10.84 | 12.91 | 13.21 | 31.67 | -0.47 |
Shareholders equity total | 58.25 | 64.16 | 64.37 | 67.04 | 59.41 |
Balance sheet total (assets) | 161.00 | 184.24 | 182.38 | 194.26 | 198.38 |
Net debt | -13.86 | -22.67 | -15.59 | 6.23 | -22.12 |
Profitability | |||||
EBIT-% | 2.6 % | 3.4 % | 2.8 % | 5.7 % | 0.2 % |
ROA | 12.7 % | 10.5 % | 9.6 % | 22.3 % | 1.2 % |
ROE | 19.2 % | 21.1 % | 20.6 % | 48.2 % | -0.8 % |
ROI | 20.2 % | 21.2 % | 18.5 % | 40.6 % | 2.3 % |
Economic value added (EVA) | 12.18 | 11.91 | 11.41 | 28.71 | -2.35 |
Solvency | |||||
Equity ratio | 36.4 % | 34.8 % | 35.3 % | 34.5 % | 29.9 % |
Gearing | 9.2 % | 6.9 % | 6.4 % | 17.2 % | 6.5 % |
Relative net indebtedness % | 14.7 % | 17.0 % | 16.2 % | 17.3 % | 18.5 % |
Liquidity | |||||
Quick ratio | 1.1 | 1.3 | 1.2 | 1.2 | 1.2 |
Current ratio | 1.1 | 1.3 | 1.3 | 1.2 | 1.2 |
Cash and cash equivalents | 19.23 | 27.10 | 19.73 | 5.28 | 25.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 47.1 | 54.6 | 51.1 | 54.8 | 56.4 |
Net working capital % | 1.8 % | 5.3 % | 4.1 % | 3.2 % | 3.5 % |
Credit risk | |||||
Credit rating | A | AA | A | A | A |
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