SCANPIPE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SCANPIPE A/S
SCANPIPE A/S (CVR number: 27512593) is a company from ODENSE. The company reported a net sales of 624.8 mDKK in 2024, demonstrating a growth of 5 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 20.5 mDKK), while net earnings were 16.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good and Return on Equity (ROE) was 12.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 50 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SCANPIPE 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 379.46 | 515.19 | 653.55 | 594.82 | 624.82 |
Gross profit | 85.48 | 123.24 | 146.49 | 126.39 | 121.92 |
EBIT | 27.34 | 52.26 | 63.11 | 40.88 | 20.46 |
Net earnings | 22.59 | 40.23 | 49.18 | 32.58 | 16.59 |
Shareholders equity total | 95.94 | 106.41 | 125.09 | 127.22 | 136.23 |
Balance sheet total (assets) | 179.44 | 202.57 | 252.48 | 262.91 | 272.73 |
Net debt | 12.96 | 38.75 | |||
Profitability | |||||
EBIT-% | 7.2 % | 10.1 % | 9.7 % | 6.9 % | 3.3 % |
ROA | 17.4 % | 27.4 % | 27.7 % | 16.4 % | 8.7 % |
ROE | 25.6 % | 39.8 % | 42.5 % | 25.8 % | 12.6 % |
ROI | 20.0 % | 27.4 % | 27.7 % | 21.3 % | 14.2 % |
Economic value added (EVA) | 23.39 | 47.44 | 57.76 | 25.46 | 10.59 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 48.4 % | 50.0 % |
Gearing | 10.2 % | 28.8 % | |||
Relative net indebtedness % | 22.7 % | 21.6 % | |||
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | |||
Current ratio | 1.8 | 1.8 | |||
Cash and cash equivalents | 0.00 | 0.47 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 67.1 | 69.1 | |||
Net working capital % | 15.5 % | 15.9 % | |||
Credit risk | |||||
Credit rating | A | BBB | BBB | AA | AA |
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