STATE DRINKS A/S — Credit Rating and Financial Key Figures

CVR number: 36078049
Raffinaderivej 10, 2300 København S
info@statedrinks.com
tel: 27622627
www.statedrinks.com

Company information

Official name
STATE DRINKS A/S
Personnel
23 persons
Established
2014
Company form
Limited company
Industry

About STATE DRINKS A/S

STATE DRINKS A/S (CVR number: 36078049) is a company from KØBENHAVN. The company recorded a gross profit of 11 mDKK in 2023. The operating profit was 997.6 kDKK, while net earnings were 839.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent and Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 71.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. STATE DRINKS A/S's liquidity measured by quick ratio was 3.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-87.833 690.635 616.219 193.3810 971.23
EBIT-4 721.57208.68517.442 446.17997.63
Net earnings-3 693.7765.92391.951 893.58839.50
Shareholders equity total2 471.258 260.9515 024.8616 918.4421 837.94
Balance sheet total (assets)10 457.4711 889.2520 277.0221 209.2030 558.69
Net debt-3 422.42-3 624.92-7 773.82-4 555.32-11 318.42
Profitability
EBIT-%
ROA-56.1 %1.9 %3.3 %11.8 %4.5 %
ROE-85.0 %1.2 %3.4 %11.9 %4.3 %
ROI-381.9 %4.0 %4.5 %15.2 %6.0 %
Economic value added (EVA)-3 676.33288.40-4.011 152.84-72.33
Solvency
Equity ratio12.1 %67.7 %74.1 %79.8 %71.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.22.93.54.33.1
Current ratio1.33.24.04.93.5
Cash and cash equivalents3 422.423 624.927 773.824 555.3211 318.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBAA

Variable visualization

ROA:4.51%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.5%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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