ScanBelt Modular Conveyor Systems A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ScanBelt Modular Conveyor Systems A/S
ScanBelt Modular Conveyor Systems A/S (CVR number: 13845085) is a company from HJØRRING. The company recorded a gross profit of 70.9 mDKK in 2024. The operating profit was 27.5 mDKK, while net earnings were 22.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.1 %, which can be considered excellent and Return on Equity (ROE) was 21.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.5 %, 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. ScanBelt Modular Conveyor Systems A/S's liquidity measured by quick ratio was 2.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 64 510.00 | 71 299.00 | 73 922.00 | 76 314.93 | 70 866.76 |
| EBIT | 20 485.00 | 24 660.00 | 28 660.00 | 30 358.79 | 27 507.92 |
| Net earnings | 15 468.00 | 18 488.00 | 21 379.00 | 24 625.38 | 22 606.02 |
| Shareholders equity total | 51 099.00 | 63 587.00 | 78 967.00 | 97 591.94 | 114 197.95 |
| Balance sheet total (assets) | 104 750.00 | 120 139.00 | 135 250.00 | 160 319.72 | 169 037.89 |
| Net debt | -53 580.92 | -70 056.37 | |||
| Profitability | |||||
| EBIT-% | |||||
| ROA | 20.8 % | 21.9 % | 22.4 % | 23.1 % | 19.1 % |
| ROE | 33.4 % | 32.2 % | 30.0 % | 27.9 % | 21.3 % |
| ROI | 20.8 % | 21.9 % | 22.4 % | 24.6 % | 21.3 % |
| Economic value added (EVA) | 18 393.04 | 22 092.28 | 25 464.75 | 19 687.15 | 14 277.91 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 60.8 % | 67.5 % |
| Gearing | 45.7 % | 34.2 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.4 | 2.9 | |||
| Current ratio | 2.7 | 3.3 | |||
| Cash and cash equivalents | 98 194.32 | 109 070.27 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | A | A |
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