Credit rating
Company information
About SBT Instruments A/S
SBT Instruments A/S (CVR number: 35814140) is a company from HERLEV. The company recorded a gross profit of 7119.2 kDKK in 2023. The operating profit was -1827.3 kDKK, while net earnings were -2021.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.3 %, which can be considered poor and Return on Equity (ROE) was -19.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -31 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SBT Instruments 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 987.49 | 5 580.21 | 4 197.57 | 1 967.07 | 7 119.20 |
EBIT | - 937.77 | - 636.99 | -3 009.67 | -5 891.15 | -1 827.31 |
Net earnings | - 780.01 | - 617.89 | -3 126.32 | -5 845.57 | -2 021.46 |
Shareholders equity total | 4 044.84 | 3 426.95 | 3 426.02 | -2 419.55 | -4 441.01 |
Balance sheet total (assets) | 10 479.77 | 7 630.81 | 6 742.31 | 9 940.88 | 11 003.08 |
Net debt | -8 613.05 | -5 318.57 | -1 928.48 | 7 763.53 | 11 409.82 |
Profitability | |||||
EBIT-% | |||||
ROA | -10.3 % | -7.0 % | -41.9 % | -61.7 % | -12.3 % |
ROE | -17.6 % | -16.5 % | -91.2 % | -87.5 % | -19.3 % |
ROI | -16.9 % | -13.0 % | -66.0 % | -81.0 % | -15.3 % |
Economic value added (EVA) | - 513.26 | - 268.52 | -2 914.62 | -5 325.83 | -1 437.80 |
Solvency | |||||
Equity ratio | 61.1 % | 56.4 % | 50.8 % | -20.9 % | -31.0 % |
Gearing | 33.7 % | -412.1 % | -275.7 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.1 | 4.0 | 1.4 | 3.9 | 1.2 |
Current ratio | 1.9 | 2.3 | 1.9 | 4.6 | 2.5 |
Cash and cash equivalents | 8 613.05 | 5 318.57 | 3 083.91 | 2 206.50 | 835.22 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | B | BB |
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