SCANDINAVIAN BOILER SERVICE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SCANDINAVIAN BOILER SERVICE A/S
SCANDINAVIAN BOILER SERVICE A/S (CVR number: 20510188) is a company from JAMMERBUGT. The company recorded a gross profit of 3682.5 kDKK in 2023. The operating profit was -1068.9 kDKK, while net earnings were -1105.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.2 %, which can be considered poor and Return on Equity (ROE) was -16.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.5 %, 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. SCANDINAVIAN BOILER SERVICE A/S's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 2 452.00 | 2 909.00 | 3 568.00 | 5 837.00 | 3 682.52 |
| EBIT | -1 026.00 | 422.00 | 1 256.00 | 678.00 | -1 068.90 |
| Net earnings | - 999.00 | 470.00 | 986.00 | 512.00 | -1 105.43 |
| Shareholders equity total | 5 240.00 | 5 710.00 | 6 696.00 | 7 208.00 | 6 102.42 |
| Balance sheet total (assets) | 10 030.00 | 17 781.00 | 17 969.00 | 18 344.00 | 15 850.70 |
| Net debt | 413.00 | 8 437.00 | 7 211.00 | 7 603.00 | 6 420.12 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -9.5 % | 3.5 % | 7.0 % | 3.7 % | -6.2 % |
| ROE | -17.4 % | 8.6 % | 15.9 % | 7.4 % | -16.6 % |
| ROI | -14.3 % | 4.1 % | 7.8 % | 4.2 % | -7.0 % |
| Economic value added (EVA) | -1 238.28 | 264.01 | 898.86 | 301.33 | -1 363.37 |
| Solvency | |||||
| Equity ratio | 52.2 % | 32.1 % | 37.3 % | 39.3 % | 38.5 % |
| Gearing | 32.6 % | 183.4 % | 138.8 % | 124.2 % | 126.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.7 | 1.4 | 1.5 | 1.5 | 1.5 |
| Current ratio | 2.0 | 1.5 | 1.6 | 1.6 | 1.6 |
| Cash and cash equivalents | 1 297.00 | 2 036.00 | 2 081.00 | 1 348.00 | 1 314.70 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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