SANTAX NORDIC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SANTAX NORDIC A/S
SANTAX NORDIC A/S (CVR number: 17519700) is a company from GLOSTRUP. The company recorded a gross profit of 5286.5 kDKK in 2024. The operating profit was -1294.5 kDKK, while net earnings were 2590.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good and Return on Equity (ROE) was 13.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 92.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SANTAX NORDIC A/S's liquidity measured by quick ratio was 2.6 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 | 4 039.22 | 6 103.59 | 4 170.23 | 5 255.25 | 5 286.45 |
EBIT | -1 173.24 | 514.53 | -1 615.78 | -1 014.65 | -1 294.45 |
Net earnings | 4 448.23 | 12 211.24 | 2 223.83 | 5 688.65 | 2 590.85 |
Shareholders equity total | 18 933.42 | 21 522.23 | 17 376.75 | 19 861.85 | 17 389.65 |
Balance sheet total (assets) | 32 132.87 | 24 230.77 | 20 585.32 | 23 383.48 | 18 873.11 |
Net debt | 11 935.95 | 1 119.91 | 2 466.46 | 1 545.24 | -94.42 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.4 % | 43.9 % | 8.5 % | 25.0 % | 11.1 % |
ROE | 25.6 % | 60.4 % | 11.4 % | 30.6 % | 13.9 % |
ROI | 15.8 % | 46.0 % | 8.8 % | 26.3 % | 12.0 % |
Economic value added (EVA) | - 738.03 | 594.98 | -1 144.86 | - 776.12 | -1 109.85 |
Solvency | |||||
Equity ratio | 58.9 % | 88.8 % | 84.4 % | 84.9 % | 92.1 % |
Gearing | 64.0 % | 5.7 % | 14.3 % | 8.6 % | 1.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.2 | 0.9 | 1.7 | 2.6 |
Current ratio | 0.7 | 0.2 | 0.9 | 1.7 | 2.6 |
Cash and cash equivalents | 181.35 | 96.13 | 26.24 | 166.30 | 373.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | A | A |
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