KUNSTSTOF-KEMI. SKANDINAVIA A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 377.9 mDKK in 2024, demonstrating a decline of -27.7 % compared to the previous year. The operating profit percentage was at 11.5 % (EBIT: 43.6 mDKK), while net earnings were 38.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 93.3 %, 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 11.1 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 515.10 | 686.00 | 522.59 | 377.90 | |
Gross profit | 89.77 | 126.89 | 80.60 | 77.30 | 66.48 |
EBIT | 65.37 | 97.99 | 51.92 | 45.27 | 43.57 |
Net earnings | 51.24 | 77.36 | 41.45 | 38.23 | |
Shareholders equity total | 466.08 | 517.84 | 523.39 | 542.74 | 560.27 |
Balance sheet total (assets) | 484.63 | 556.91 | 608.16 | 590.15 | 600.54 |
Net debt | - 139.96 | - 104.31 | - 213.38 | - 226.83 | - 208.02 |
Profitability | |||||
EBIT-% | 12.7 % | 14.3 % | 8.7 % | 11.5 % | |
ROA | 14.1 % | 19.5 % | 9.6 % | 9.0 % | 8.1 % |
ROE | 11.3 % | 15.7 % | 7.8 % | 6.9 % | |
ROI | 14.6 % | 19.9 % | 10.0 % | 9.6 % | 8.7 % |
Economic value added (EVA) | 28.53 | 52.11 | 9.62 | 6.47 | 7.02 |
Solvency | |||||
Equity ratio | 96.2 % | 93.0 % | 86.1 % | 92.0 % | 93.3 % |
Gearing | 0.7 % | 3.5 % | 8.9 % | 0.2 % | 0.2 % |
Relative net indebtedness % | -25.2 % | -13.0 % | -35.4 % | -45.8 % | |
Liquidity | |||||
Quick ratio | 20.8 | 9.2 | 4.9 | 9.2 | 11.1 |
Current ratio | 33.1 | 16.8 | 7.2 | 14.1 | 19.5 |
Cash and cash equivalents | 143.13 | 122.46 | 259.86 | 227.88 | 209.41 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 72.2 | 62.9 | 59.6 | 59.1 | |
Net working capital % | 77.7 % | 65.5 % | 89.6 % | 125.6 % | |
Credit risk | |||||
Credit rating | A | A | A | A | AA |
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