SGL Express A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SGL Express A/S
SGL Express A/S (CVR number: 40139915) is a company from HVIDOVRE. The company recorded a gross profit of 22 kDKK in 2023. The operating profit was -19 kDKK, while net earnings were 3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor but Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 93.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SGL Express A/S's liquidity measured by quick ratio was 15 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 2 433.00 | 3 355.00 | 1 153.00 | 22.00 | |
| EBIT | - 632.00 | - 510.00 | -1 087.00 | -13.00 | -19.00 |
| Net earnings | - 515.00 | - 619.00 | - 764.00 | -29.00 | 3.00 |
| Shareholders equity total | 1 985.00 | 1 366.00 | 602.00 | 573.00 | 576.00 |
| Balance sheet total (assets) | 4 548.00 | 6 119.00 | 3 096.00 | 613.00 | 617.00 |
| Net debt | - 287.00 | 182.00 | - 147.00 | - 383.00 | - 401.00 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -13.9 % | -9.6 % | -23.3 % | -0.7 % | -3.1 % |
| ROE | -25.9 % | -36.9 % | -77.6 % | -4.9 % | 0.5 % |
| ROI | -30.1 % | -25.2 % | -43.5 % | -0.7 % | -3.3 % |
| Economic value added (EVA) | - 494.65 | - 615.01 | - 758.14 | 87.70 | -23.04 |
| Solvency | |||||
| Equity ratio | 43.6 % | 22.3 % | 19.4 % | 93.5 % | 93.4 % |
| Gearing | 15.4 % | 396.0 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.9 | 1.4 | 1.2 | 15.3 | 15.0 |
| Current ratio | 1.9 | 1.4 | 1.2 | 15.3 | 15.0 |
| Cash and cash equivalents | 287.00 | 28.00 | 2 531.00 | 383.00 | 401.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | B | B |
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