KUNSTSTOF-KEMI. SKANDINAVIA A/S — Credit Rating and Financial Key Figures

CVR number: 46198816
Ringvejen 70, 7900 Nykøbing M
tel: 97721127

Credit rating

Company information

Official name
KUNSTSTOF-KEMI. SKANDINAVIA A/S
Personnel
81 persons
Established
1972
Company form
Limited company
Industry
  • Expand more icon20Manufacture of chemicals and chemical products

About KUNSTSTOF-KEMI. SKANDINAVIA A/S

KUNSTSTOF-KEMI. SKANDINAVIA A/S (CVR number: 46198816) is a company from MORSØ. The company reported a net sales of 522.8 mDKK in 2023, demonstrating a decline of -6.4 % compared to the previous year. The operating profit percentage was at 8.5 % (EBIT: 44.3 mDKK), while net earnings were 41.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 92 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KUNSTSTOF-KEMI. SKANDINAVIA A/S's liquidity measured by quick ratio was 9.2 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales500.03515.10686.00558.31522.79
Gross profit86.43126.83126.8380.6076.32
EBIT62.6865.3797.9951.9244.29
Net earnings48.3851.2477.3644.1541.45
Shareholders equity total438.94466.08517.84523.39542.74
Balance sheet total (assets)468.94484.63556.91608.16590.15
Net debt- 131.66- 139.96- 104.31- 213.38- 226.83
Profitability
EBIT-%12.5 %12.7 %14.3 %9.3 %8.5 %
ROA14.0 %14.1 %19.5 %9.6 %9.0 %
ROE11.3 %11.3 %15.7 %8.5 %7.8 %
ROI14.7 %14.6 %19.9 %10.0 %9.6 %
Economic value added (EVA)33.9635.8659.8922.2221.44
Solvency
Equity ratio93.6 %96.2 %93.0 %86.1 %92.0 %
Gearing0.6 %0.7 %3.5 %8.9 %0.2 %
Relative net indebtedness %-22.0 %-25.2 %-13.0 %-32.1 %-35.4 %
Liquidity
Quick ratio10.420.89.24.99.2
Current ratio17.033.116.87.214.1
Cash and cash equivalents134.32143.13122.46259.86227.88
Capital use efficiency
Trade debtors turnover (days)67.572.262.954.159.6
Net working capital %74.0 %77.7 %65.5 %80.2 %89.5 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:9.01%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.0%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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