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SCANDINAVIAN METALS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SCANDINAVIAN METALS A/S
SCANDINAVIAN METALS A/S (CVR number: 34733899) is a company from FAVRSKOV. The company recorded a gross profit of 3874.7 kDKK in 2024. The operating profit was -3421.3 kDKK, while net earnings were -3368 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.1 %, which can be considered poor and Return on Equity (ROE) was -31.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SCANDINAVIAN METALS A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 6 718.11 | 11 668.25 | 8 832.42 | 5 703.54 | 3 874.67 |
| EBIT | 2 005.91 | 5 261.06 | 1 937.46 | -1 286.15 | -3 421.34 |
| Net earnings | 1 652.13 | 3 555.96 | 584.81 | -1 123.77 | -3 368.01 |
| Shareholders equity total | 4 474.47 | 8 030.43 | 8 615.24 | 7 491.48 | 14 123.46 |
| Balance sheet total (assets) | 22 501.47 | 22 375.57 | 29 573.23 | 21 062.28 | 20 553.29 |
| Net debt | 10 997.22 | 2 373.27 | 9 733.96 | 6 494.21 | 1 222.29 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 8.5 % | 23.1 % | 7.4 % | -3.4 % | -16.1 % |
| ROE | 45.3 % | 56.9 % | 7.0 % | -14.0 % | -31.2 % |
| ROI | 10.0 % | 34.3 % | 11.6 % | -4.8 % | -21.3 % |
| Economic value added (EVA) | 739.03 | 3 157.56 | 846.34 | -2 041.20 | -3 852.84 |
| Solvency | |||||
| Equity ratio | 19.9 % | 35.9 % | 29.1 % | 35.6 % | 68.7 % |
| Gearing | 290.9 % | 56.2 % | 136.3 % | 105.6 % | 12.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.4 | 0.7 | 0.4 | 0.5 | 0.6 |
| Current ratio | 1.1 | 1.4 | 1.3 | 1.3 | 2.8 |
| Cash and cash equivalents | 2 018.49 | 2 137.15 | 2 010.61 | 1 419.57 | 535.70 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BB | BB |
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