SHOE-D-VISION AMBA — Credit Rating and Financial Key Figures
Credit rating
Company information
About SHOE-D-VISION AMBA
SHOE-D-VISION AMBA (CVR number: 24246779K) is a company from AARHUS. The company reported a net sales of 555.9 mDKK in 2023, demonstrating a decline of -11.2 % compared to the previous year. The operating profit percentage was at 2.6 % (EBIT: 14.6 mDKK), while net earnings were 14.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 13.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 48.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SHOE-D-VISION AMBA's liquidity measured by quick ratio was 1.8 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 564.08 | 484.65 | 470.90 | 626.29 | 555.90 |
Gross profit | 33.09 | 30.65 | 34.18 | 46.97 | 48.42 |
EBIT | 3.07 | 2.10 | 2.54 | 12.07 | 14.61 |
Net earnings | 2.35 | 1.60 | 2.17 | 11.13 | 14.61 |
Shareholders equity total | 96.91 | 96.63 | 98.73 | 104.06 | 107.18 |
Balance sheet total (assets) | 206.77 | 199.66 | 222.69 | 251.43 | 220.89 |
Net debt | -13.44 | -8.12 | -35.14 | -0.19 | -46.59 |
Profitability | |||||
EBIT-% | 0.5 % | 0.4 % | 0.5 % | 1.9 % | 2.6 % |
ROA | 1.9 % | 1.6 % | 1.8 % | 5.5 % | 7.3 % |
ROE | 2.4 % | 1.7 % | 2.2 % | 11.0 % | 13.8 % |
ROI | 3.3 % | 2.6 % | 2.9 % | 9.4 % | 12.0 % |
Economic value added (EVA) | -1.38 | -2.23 | -1.88 | 8.79 | 9.04 |
Solvency | |||||
Equity ratio | 47.3 % | 48.4 % | 44.3 % | 41.4 % | 48.5 % |
Gearing | 22.8 % | 26.2 % | 22.2 % | 26.8 % | 21.0 % |
Relative net indebtedness % | 12.4 % | 13.6 % | 11.4 % | 17.3 % | 5.4 % |
Liquidity | |||||
Quick ratio | 1.4 | 1.5 | 1.5 | 1.5 | 1.8 |
Current ratio | 1.7 | 1.6 | 1.7 | 1.6 | 1.9 |
Cash and cash equivalents | 35.57 | 33.47 | 57.05 | 28.11 | 69.06 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 59.4 | 65.1 | 73.0 | 88.9 | 58.9 |
Net working capital % | 10.9 % | 11.0 % | 14.2 % | 12.1 % | 15.2 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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