STUDSGAARD A/S — Credit Rating and Financial Key Figures

CVR number: 29927863
Fiskerihavnsgade 41, 9900 Frederikshavn

Credit rating

Company information

Official name
STUDSGAARD A/S
Personnel
20 persons
Established
2006
Company form
Limited company
Industry
  • Expand more icon13Manufacture of textiles

About STUDSGAARD A/S

STUDSGAARD A/S (CVR number: 29927863) is a company from FREDERIKSHAVN. The company recorded a gross profit of 11.1 mDKK in 2023. The operating profit was 1770.8 kDKK, while net earnings were 1296.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.4 %, which can be considered excellent and Return on Equity (ROE) was 37.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.5 %, 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 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 449.386 059.177 779.898 378.1811 076.63
EBIT- 610.45- 105.67899.111 055.001 770.81
Net earnings- 481.74- 114.94646.38768.491 296.25
Shareholders equity total1 537.791 422.852 069.242 837.734 133.98
Balance sheet total (assets)6 406.646 983.487 535.618 441.7311 331.08
Net debt2 576.82836.352 668.861 743.072 612.84
Profitability
EBIT-%
ROA-8.5 %-1.1 %12.5 %13.6 %18.4 %
ROE-27.1 %-7.8 %37.0 %31.3 %37.2 %
ROI-13.4 %-1.7 %20.9 %20.0 %27.7 %
Economic value added (EVA)- 557.91- 156.97698.01723.601 316.96
Solvency
Equity ratio24.0 %20.9 %27.5 %33.6 %36.5 %
Gearing171.5 %169.7 %129.1 %116.4 %69.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.81.01.01.2
Current ratio1.01.01.21.41.5
Cash and cash equivalents60.711 578.642.811 558.69254.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:18.4%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.5%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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